MASTER PLAN TO A SUSTAINABLE CIRCULAR ECONOMY
POWERED BY MAJESTIC CORPORATION PLC (AQSE:MCJ)
By: Peter Lai Founder & CEO . February 2024
Background: I am 25 years into building recycling companies, now my sole focus is Majestic. My ambition is to build this company with a 20 year vision, spending my time and resources on maximizing my utility impact to earth and humanity.
Our Mission
Create a Sustainable Circular Economy
The Company
Majestic is a sustainable circular economy technology company that provides solutions for recovering legacy IT equipment and turn it back to precious resources so it can be reused in our society. We believe that positively affecting the future of Sustainable Circular Economy is the moral priority of our time. The most meaningful impact can come from dedicating our resources to developing proprietary recycling methods with technologies. In the coming age we will see great advancements in recycling methods using Artificial Intelligence (AI) and Robotics, and by contributing to the early stages, we can set the course for a positive sustainable future for humanity.
Hence the goal of Majestic: to develop a sustainable net zero facility and replicate it globally that make a positive impact on humanity and create a better life for future generations. These facilities will allow our precious resources to be recycled and put back into our day to day use products and to minimize mining that causes harm to our environment — ultimately allowing us to live happier, more sustainable lives.
Our company’s journey will take decades — and require a championship team dedicated to the mission, billions of dollars will be invested, and engineering innovation in order to achieve a mass-market impact. We face high risk and extremely low chances of success with today’s ever changing geopolitical, macro-outlook and political regime “resource nationalism”. However, if we are successful, we have the potential to positively impact humanity and to build the largest sustainable circular economy company on the planet.
The Present
Today only 15% of the global IT equipment’s are recycled and we are seeing an unprecedented demand for new electronic IT equipment’s and the growth of electric vehicles, batteries, solar power, wind power, artificial intelligence, demands for bigger power grids, storage, PC, phones, SDA-small domestic appliances and build out of new data centres. All these new technologies and renewal powers will demand a lot of scarce resources such as base metals “copper and aluminium”, precious metals “gold and platinum” and rare earth metals “graphene and cobalt”.
As a result, the world’s demand for a Net Zero Sustainable Circular Economy is very important for humanity and our planet.
We are seeing a labour shortage in the recycling industry. The jobs are considered undesirable, and an aging population will only make it increasingly difficult for recycling companies to scale their workforces. As a result, the labour supply growth is set to flatline. If we want continued growth, we need more productivity — and this means more technology and automation.
The Possibility
Thankfully, we are in the early stages of a Sustainable Circular Economy. This presents an opportunity to substantially increase the recycling, reproduce it to raw materials back into the manufacturing then back to the consumer’s use.
As manufacturers are more aware the use of recycled raw materials, we can predict the future demand for the resources from our historic production data. If we are to expand our power grid, the amount of copper used will be 2 tons to generate 1 megawatt without any storage capacity, silver used for plating to avoid oxidation, for storage lithium, cobalt and nickel used for batteries.
If we are to transform to renewables and a new AI economy, without a Sustainable Circular Economy, the world’s resources will be depleted and the environmental harm in mining for new resources is damaging to humanity.
We believe our Sustainable Circular Economy solution can increase the return of recycled resources back to the manufacturers. Our proprietary technology has the ability to recycle production scrap from solar and batteries manufacturers, it will avoid millions of tons of resources been mined.
Our three major focus Team, Products & Brand
1. Metals - Base metals recovery “Copper, Aluminium and Alloys”
2. Precious Metals - Precious metals “Gold, Silver and Platinum”
3. Batteries - Rare earth recovery from batteries “Cobalt, Graphene and Nickel”
The Solution
There are not many Circular Economy solution provider has reached sustainable “profitability” is either their economic of scale can’t be reached, or they don’t have the technology to reach the desire yield return, or they don’t have the volume to demand top prices from their end users. At Majestic, we have shown year on year growth and profitability returning shareholder’s values. We have our inhouse proprietary recycling methods to maximum yield to demand highest returns from our end users.
How We Can Do It
1. Create a proof of concept, understand the permitting process and to confirm the size of UK market by setting a pilot plant.
2. Build a team and setup operational processes with understanding the UK culture.
3. Identify a location in UK who are circular economy friendly to set up plant.
4. Use this facility to understand the potential supplier growth and product growth.
5. Use that money to invest into a new site for stage 1, Metals Recovery facility.
6. Use that money to invest into stage 2, Sampling facility.
7. Use that money to invest into stage 3, Battery’s Metals facility.
8. Use that money to invest into a new facility toward south UK.
The reason we had to start off with step 1 was that it was all I could afford to do with what we make and to keep a profitable business at the same time. I thought our chances of success were so low that I didn't want to risk anyone's funds in the beginning even though we are a plc. There are many circular economy companies with limited economies of scale that are not sustainable or been supported by grants.
Also just to focus on one particular metal or sector is too risky and without economies of scale the business is definitely not sustainable. Part of the reason for me to write this master plan was to explain why I become a listed company and to put everything into perspective since it was a direct listing, and the market was not ready to fund Majestic.
The point of all this was, and remains, accelerating to a sustainable circular economy future so that we can minimize mining and do less harm to the environment so we can set the course for a positive sustainable future for humanity. This matters to everyone!
What really matters to accelerate a sustainable future is being able to scale up production volume as quickly as possible and to replicate it across the world. As the technology matures, we are able to use less labour more robotics and use technology to increase processing quantities and yield.
In short, Master Plan
Build a sustainable circular economy facility
Expand the production line to address all major segments
Develop automation technology capabilities to reduce labour and increase yield.
Enable it to be replicated across the globe.
We have the potential to alter the course of history and fundamentally improve millions of lives.
It’s time to build.
Peter Lai
Founder & CEO