SOURCE: Sims Metal Management

Sims Recycling Solutions U.S.

August 09, 2013 13:19 ET

Sims Metal Management Celebrates One-Year Anniversary of Recyclarium

Innovative Mobile Education Center Is Visited by Almost 15,000 People in First Year of Operations

NEW YORK, NY --(Marketwired - August 09, 2013) - Sims Metal Management, the world's largest metals and electronics recycler, is celebrating the one-year anniversary of its mobile education center known as the Recyclarium. This 16-foot trailer was designed as a creative learning experience for students -- ranging from third to eighth-grade -- and their families. In the past year the Recyclarium has visited over 35 schools, youth camps and community events in the greater New York area and made an educational impact on nearly 15,000 people.

Inside the Recyclarium, the educational lab consists of five different learning stations each with their own individual theme. The themes cover the lifecycle of products starting from the manufacturing process and concluding with an overview of how the materials are recycled to make new products.

"The Recyclarium has proven to be a valuable and innovative way to create awareness of the lifecycle of products we use every day and reinforce the importance of recycling those goods to save energy and resources," stated Tom Outerbridge, General Manager for Sims Municipal Recycling. "Over the past year it has been rewarding to see the enthusiastic response we receive from schools and the strong demand for the Recyclarium at a wide range of public events."

The Recyclarium was initially created as a pilot program to test exhibits, games and recycling information for the Sims' new Sunset Park Recycling Education Center. Lessons learned from the Recyclarium are being integrated into the design and construction of the new Center.

Visit http://www.simsmunicipal.com to learn more about the New York City recycling process and for updates about the new recycling education center opening this fall.

Sims Metal Management

Sims Metal Management is the world's largest listed metal recycler with approximately 270 facilities and 6,600 employees globally. Sims' core businesses are metal recycling and electronics recycling. The Company's ordinary shares are listed on the Australian Securities Exchange (ASX: SGM) and its ADRs are listed on the New York Stock Exchange (NYSE: SMS). Please visit our website (www.simsmm.com) for more information on the Company and recent developments.

Cautionary Statements Regarding Forward-Looking Information

This release may contain forward-looking statements, including statements about Sims Metal Management's financial condition, results of operations, earnings outlook and prospects. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project" and other similar words and expressions.

These forward-looking statements involve certain risks and uncertainties. Our ability to predict results or the actual effects of our plans and strategies is subject to inherent uncertainty. Factors that may cause actual results or earnings to differ materially from these forward-looking statements include those discussed and identified in filings we make with the Australian Securities Exchange and the United States Securities and Exchange Commission ("SEC"), including the risk factors described in the Company's Annual Report on Form 20-F/A, which we filed with the SEC on 18 March 2013.

Because these forward-looking statements are subject to assumptions and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this release.

All subsequent written and oral forward-looking statements concerning the matters addressed in this release and attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this release. Except to the extent required by applicable law or regulation, we undertake no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release.

All references to currencies, unless otherwise stated, reflect measures in Australian dollars.

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Contact Information

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    +61 4 0960 0352