FIVE MINUTES WITH ...
“ WE PLAN TO BE GLOBAL LEADERS OF RECYCLING ; WE PLAN TO ONE DAY BE LISTED AS AN FTSE 100 COMPANY ”
at lithium as a key diversification mechanism , or metal if you like , and we ' ve also looked at plastics as well .
Q . WHO IS BUYING RECYCLED MATERIALS FROM ROMCO ?
» The manufacturer of your car CD player , those guys are buying our metals . The plane you use to get to your destination , that company that owns the plane is buying our materials . The drinks you ' ll most likely consume today , that company is buying our materials . Basically , it ' s essential for a lot of original equipment manufacturers ( OEMs ) or just in general production . You ' ll find that with this transition to a more green economy , you ' re probably seeing a lot of these metals being used , or they already are being used , in the expansion of power grids , as we see the roll-out of more EVs , the renewable energy roll-out , and sustainable housing .
Q . WHAT ' S NEXT FOR ROMCO ?
» You ' re not going to be turning over stainless steel or silver cutlery , so the next more affordable option is going to be , more than likely , aluminium knives and forks or some type of base metal . But aluminium is the more affordable option and less corrosive . So , more than likely , that will be used in replacement of old plastic . Again , our products are literally being used every day . The minute we stop providing materials , there ' s a complete shutdown . These would be deemed essential . I seem to find myself working in these essential roles . It ' s always happening .
Q . ARE YOU ANTICIPATING ANY FUTURE CHALLENGES ?
» Nothing more unusual than the challenges that we have faced already in building the business . We plan to be global leaders of recycling ; we plan to one day be listed on the
22 July 2022