Analysis: The Metals Argument For A Green Hydrogen Revolution

The global need to decarbonise energy production, particularly for the metals production industry, is now impossible to ignore. In terms of limiting global warming to 1.5C, while progress has been made, pledges and subsequent efforts fall significantly short of achieving the ambitious climate agreement. It’s clear that fulfilling the Paris Climate Agreement requires equally ambitious solutions. One key sector to consider is the energy industry - particularly as it relates to metals production - as energy is the primary driver for the carbon footprint of metal production.

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Raymond Onovwigun, Romco Group CEO, LIVE at COP27 and TXF Geneva 2022

Last week, Romco CEO & Founder, Raymond Onovwigun, was invited to speak at both COP27, in Sharm El-Sheikh, for a ThinkIn titled "Living in a heating world: lessons from the global South", hosted by Tortoise Media in conjunction with the ONE Campaign, and TXF Geneva 2022: Commodity Finance & Natural Resources Conference as a part of a panel discussing "Base metals: The good, the bad, and the lack of investment".

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The Current Crisis Crumbling Long-Standing European Aluminium Smelters

Increased energy prices for the production of aluminium, a material with notoriously high power consumption, are reducing profit margins to a razor thin line for a range of primary aluminium producers, if not already sending some smelters into the red. The stage is set for lower-cost low-energy substitutes, like secondary aluminium and hydro-powered aluminium smelters, to help fill the gaps in the market.

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BNN Bloomberg VIDEO — It’s a ‘powder keg scenario’ for base metals: Romco Group’s Keith Wildie

Keith Wildie, head of trading at Romco Group, joins BNN Bloomberg to explain why a ban by the London Metal Exchange on all metals from Russia could have “a catastrophic impact” on prices, even if physical metal continues to flow globally.

Continue ReadingBNN Bloomberg VIDEO — It’s a ‘powder keg scenario’ for base metals: Romco Group’s Keith Wildie

Daily Express — Romco’s metals recycling forges a new value chain for Africa

“Romco’s metals recycling forges a new value chain for Africa” Publication: Daily Express Author: Maisha Frost 21-Sep-2022 Link: https://www.express.co.uk/finance/city/1672347/romco-metals-recycling-africa-value-chain

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Reuters — Scrap metals recycler Romco eyes green hydrogen to power furnaces in Africa

“Scrap metals recycler Romco eyes green hydrogen to power furnaces in Africa” Publication: Reuters By Angela Ukomadu 13-Sep-2022 Link: https://www.reuters.com/business/energy/scrap-metals-recyler-romco-eyes-green-hydrogen-power-furnaces-africa-2022-09-13/

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Romco Group begins first round of Asset Match ordinary share auction

Romco's first Asset Match auction is officially open and closes on September 27, 2022. Romco trading opened at 65 pence per share, with a 0.50 pence per share ticket size, giving new equity holders an opportunity to trade liquidity on the secondary market to other shareholders. 

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BNN Bloomberg — LIVE — The Nickel Market As It Currently Stands Is Broken: Romco Group Head of Trading, Keith Wildie, Discussing LME Issues

Romco Group Head of Trading, Keith Wildie, featured on BNN Bloomberg today, discussing the current nickel crisis with Andrew Bell. Have a watch here.

Continue ReadingBNN Bloomberg — LIVE — The Nickel Market As It Currently Stands Is Broken: Romco Group Head of Trading, Keith Wildie, Discussing LME Issues

Fortune — Nickel trading on the London Metal Exchange just melted down for a third time: ‘Credibility is very quickly slipping through their fingers’

Commentary from Keith Wildie, Romco Head Of Trading Publication: Fortune By WILL DANIEL Financial Report 17- March-2022

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Romco Raises $6.2m in Series A Equity Round and Reaches a Valuation Of $180m

Romco, an international metals recycler producing clean and sustainable essential metals that decarbonise the global supply chain, has announced a $6.2million investment to expand its operations and immediately drive revenue growth.

Continue ReadingRomco Raises $6.2m in Series A Equity Round and Reaches a Valuation Of $180m

Russia’s invasion of Ukraine to impact global aluminium supply

Russia's invasion of Ukraine is expected to have a significant impact on global aluminium supply and prices, while the news sent nickel prices on the Shanghai Futures Exchange to a historic high Feb. 24, and benchmark natural gas prices jumped as much as 41%.

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Romco Q3, 2020 Report Released — Over 5000 Metric Tonnes Recycled For The First Time

Q3, 2021 marks another stellar quarter of consistent growth for the group, with revenue reaching a record-breaking US$9.1 million, and our teams recycling over 5000 metric tonnes for the first time in our history (5257 mt — 220% Q3, 2020).

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Fiftyfaces — PODCAST — Raymond Onovwigun Of Romco Group – How Recycling Metal is Key to Achieving Each of the E, the S and the G

In Fiftyfaces Focus Nigerian Voices Podcast launched today, Aoifinn Devitt dives deep into Romco CEO and Founder Raymond Onoviwgun's upbringing, how the business came about, the unique aspects of being a dual national Nigerian / UK entrepreneur, and some of the greatest challenges Raymond has faced building Romco. It's an insightful delve into the mind of our founder Raymond, and a special look into his character, what motivates him, and what's next for the fast-growing recycler.

Continue ReadingFiftyfaces — PODCAST — Raymond Onovwigun Of Romco Group – How Recycling Metal is Key to Achieving Each of the E, the S and the G

Aluminium recycling in Africa is an opportunity for big business, Op-Ed By Raymond Onovwigun

Raymond Onovwigun, Romco Group CEO, featured in Recycling Product News this week (13/09/21), penning his thoughts on the opportunity we have with aluminium recycling on the African continent. 

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LME Launches Sustainability Register For Aluminium And Other Metals

The London Metal Exchange (LME) announced the launch of LME passports, a digital register that stores electronic Certificates of Analysis (CoAs) and sustainability credentials for LME-listed metals. Aluminium will be the first to be issued these passports.

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Q2, 2021 Report Released — Record Prices And Furnace Upgrades See Record Revenue For Romco

The Romco Q2, 2021 Report was released today, boasting record revenue and production for the group. Romco CEO, Raymond Onovwigun, hailed the results as "confirmation we have the opportunity to be a leader of processing and trading of secondary materials from our region."

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Maddyness — The plumber from Clapham who built a £40M turnover Greentech business from landfill

Maddyness, 'the go-to magazine for entrepreneurs and innovators', has described Romco CEO, Raymond Onovwigun, as a "great mix of South London and Statesman in his demeanour but when you get him talking he is all business" in their latest profile piece by writer Darren Rebeiro. 

Continue ReadingMaddyness — The plumber from Clapham who built a £40M turnover Greentech business from landfill