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.

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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

Company Announcement: Romco Are Now Members Of The Aluminium Stewardship Initiative (ASI)

We are pleased to announce that Romco Group Ltd has joined as a Production and Transformation Member of the Aluminium Stewardship Initiative (ASI), the only comprehensive voluntary sustainability standard initiative for the aluminium value chain, bringing the total number of ASI Members to 169.

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Romcos Q1 Results | 2021 Starts Strong

Romco officially opened a new facility in Ghana, added two new furnaces to the Nigerian operation, joined the Aluminium Stewardship Initiative for sustainability assessment, and earned a record USD $5.8 million over Q1, 2021. That makes this quarter the biggest in the history of Romco, but in the words of Romco Group CEO, Raymond Onovwigun, "There is still so much to come."

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Copper hits $10,000/tonne on global economic recovery hopes [REUTERS]

Copper prices surpassed the key psychological level of $10,000 a tonne on Wednesday on hopes for further global economic recovery, but trading volume was tepid due to China market holidays. Due to recent upgrades at the facility in Nigeria and expansion into Ghana, Romco is well placed to service the growing demand.

Continue ReadingCopper hits $10,000/tonne on global economic recovery hopes [REUTERS]

Growing Low-Carbon Aluminium Market Needs More Transparency – Natixis [Fastmarkets]

Interest in low-carbon aluminium grew after global governments, particularly in Europe, responded to Covid-19 by incentivizing ‘green’ projects to stimulate economies after lockdowns in 2020. Integrity and sustainability are key values at Romco, therefore we believe radical transparency in the industry is vital to creating sustainability and reduction of GHG emissions globally.

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Romco Metals Ltd., Ghana Officially Opened!

February 12, 2021 — The ribbon on Romco's Ghanaian recycling facility was officially cut by Romco Group CEO, Raymond Onovwigun, accompanied by Head of Physical Planning Dept., Ningo Prampram District Assembly, Aaron Aboagye, opening a brand new recycling facility that will grow Romco's secondary metals capacity in the region.

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Video: Ghana Update With Head Of Operations, Luke Anyasi

Our new site in Ghana (second in the portfolio) is just about ready to start producing recycled materials for the first time. Our skilled Project Manager, Luke Anyasi, gives us a tour of what it will look like once completed — along with an explanation of our recycling process.

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Pendulum Swings In Favour Of Aluminium Demand And Prices (Reuters, UK)

LONDON (Reuters) - Flourishing aluminium demand in China and the United States, higher freight costs and tight scrap supplies are expected to fuel further rises in prices of the metal used in the transport, packaging and construction industries.

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Over USD$1 trillion needed for energy transition metals, study finds.

An investment of over $1 trillion will be needed in key energy transition metals – aluminium, cobalt, copper, nickel and lithium – over the next 15 years just to meet the growing demands of decarbonisation, enabling the shift away from fossil fuels and into renewables and other green sources of energy.

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Romco On Course To Be The Biggest Reducers Of All, New ESG Report Shows

Who says a company should only focus on becoming bigger? Romco are flipping the script by evaluating their growth and success by how much they’ve shrunk... Environmentally speaking. Romco’s 2020 Environmental, Social, and Governance Report has been released and they’ve got very little to be proud of.

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New Logo, New Era

We’ve grown… So too how we report, communicate, and relate to our stakeholders. Some things won’t change, like the personal service we pride ourselves on, but that’s what this is about; personal service. We want you, our customers, stakeholders, and onlookers to be more informed about where we are as a company.

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Excitement for ‘The Romco Mission’ catches investors’ eye.

One of Romco’s strategic goals of 2019, to raise £3million for the commissioning of new smelters and additional recycling facilities, achieved a significant landmark over the weekend; Romco has announced their first public investment raise achieved an over-subscription totalling near 150% of the investment target.

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Romco COVID-19 Announcement

The current disruption pales in insignificance against the need for our families and communities to be safe. The wellness of our communities is top priority. The Coronavirus pandemic has caused disruption to movement, jobs, and markets. Naturally, this can be alarming. To put minds at ease I’d like to make the ROMCO Group position clear.

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Greta Thunberg Takeaways

Key Lessons Learnt From the UN Speech of Greta Thunberg So, what do you expect a 16-year-old girl to be doing in her life? Your answer would probably be something like going to school, hanging out with her friends, and just being her happy and carefree self. Well, in that case, you need to know more about young Greta Thunberg and her work!

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Sell Your Copper Scrap

Sell Your Scrap Metal The best way to get a good deal when selling your copper scrap is to sell to a scrapyard. We recommend that you do thorough research to find the scrapyards offering the best deals. It is your duty as the seller to discover the yard with the best price, and recent technological advancements have made that easy. 

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