MSE is a metals recycling business focused on the recovery of valuable magnesium, aluminium and iron composite metal waste sourced from the automotive sector. There is a long-term positive trend towards the use of magnesium in the automotive sector, due to it being relatively light weight in comparison to other engineering materials.
In 2007, STAR invested in MSE to develop the plant using an established separation process technology in a novel construction. The foundation of the business was based on a 5 year contract with BMW, recycling material from their engine production. This contract was subsequently extended.
MSE was sold in December 2013.
Important Notice: we have become aware that an organisation with a similar name has been targeting individuals in the UK through unsolicited calls to make cryptocurrency investments. Our firm, STAR Capital Partnership LLP, does not engage in this type of activity. Please see here for information on how to protect yourself from financial fraud and, if you have fallen victim to it, please report it to the UK Financial Conduct Authority by telephone or email: https://www.fca.org.uk/consumers/protect-yourself-scams.