OPERATIONS

OPERATIONS OVERVIEW

Romco is a multinational organisation, operational over three continents and managed in London, UK.

With two fully functional plants, one in Nigeria and one in Ghana, and shipping all over the world, we are proving our emerging markets model is replicable and scalable.

Our operations are focussed on local market access, consistent feedstock acquisition, structured investment in new recycling tech, company-wide skills training initiatives, world-class product quality, trading access & efficiencies, strong governance, and ambitious growth activity.

PRODUCTS & SERVICES

As of 2023, Romco’s portfolio consists of:

aluminium

■ ADC 12 - Romco produces 4 variations. Mainly used for die-casting and perfect for cost-effective production of complex parts in large volumes



■ LM 24 - Also used for die-casting to make vacuums, floor polishers and motor frames.



■ UBC 96% and 97%- Processed from Used Beverage Cans (UBC), these ingots can be used by the automotive and aerospace industries, and in household goods and appliances.



■ DIN 226 - Very common and highly versatile. Predominantly used in complex machinery and car parts.

COPPER

■ Copper Remelt Ingots - Grade No. 1. Romco copper ingots carry a higher value than other grades due to their superior quality, reaching purity of up to 99%.


misc

■ Brass scrap

■ Lead scrap

■ Zinc scrap

■ Bespoke alloys

■ Copper Scrap

We’re investigating capabilities to recycle lead, zinc, e-waste, and lithium. We're also continually investing in the potential of expanding our grade offerings of secondary aluminium and copper ingots.

PERFORMANCE OVERVIEW

2022 has been our best year yet, with records broken in:

INVESTMENT

■ New Equipment — multiple new furnaces, including copper induction furnaces, new feedstock supply chains, and pollution management.
■ Communities — record $9+ million invested into our Small Business Buying Program, helping business and communities flourish alongside us.

REDUCTIONS
■ Emissions — 130,234 t/CO2 reduced compared to primary production. That's the equivalent of saving 719 railcars of coal from being burned.
■ Landfill — 70,237 m3 of landfill diverted from landfill due to our operation. That's over 28 Olympic sized swimming pools of waste!

GROWTH
■ Production — Record production, with 116% increase on 2021, with copper introduced in the product pipeline
■ Revenue — Record revenue, with 110% increase on 2021.

SENIOR TEAM

CEO

RAYMOND ONOVWIGUN

Raymond Onovwigun is the Co-Founder and CEO of Romco and helped conceptualise the idea after realising the growth that was unfolding in emerging markets, in particular Africa.
BOARD MEMBER

PAUL GRIFFITHS

Paul Griffiths is an experienced Executive/Non Executive director having worked alongside Sir Stelios Haji-Ioannou (easyJet Founder) and Brent Hoberman (Lastminute .com Co-Founder).
BOARD MEMBER

SVEIN NODLAND

Svein Nodland brings more than 30 years Board and Senior Management experience from different Continents to the Company. A seasoned and respected executive with international firms.
Chief Financial Officer

AJAZ AHMED

Over 18 years of Finance and Strategy leadership for family office, CFO of large global energy group and commenced career with PwC, lead numerous FTSE 100 client engagements and IPOs across multi geographies. Graduated MBA from University of Cambridge and Chartered Accountants (England & Wales).

PRODUCTION PROCESS

Metal recycling has been around since the Romans, but the world’s changed a lot since then and recycling has never been more important than now.

This is the basics of how we do it today:

stage 1

COLLECTION OF FEEDSTOCK

Renewable waste materials are collected and delivered from various suppliers to our processing facilities. These scrap materials are collected, sorted, and shredded to allow further processing and to facilitate the melting process.
stage 2

MATERIALS ARE SMELTED

After a vigorous sorting and melting process, materials undergo purification and solidification — to manipulate them into specific forms (such as bars). They are then shipped or smelted according to material and grade.
stage 3

INGOTS ARE SHIPPED FOR SALE

Both recycled scrap and ingots produced from the scrap feed are then transported to our partners across for further processing and value addition e.g. transforming into auto parts, batteries, copper pipes, etc.