SOURCE: Sims Metal Management

Sims Recycling Solutions U.S.

January 22, 2014 09:00 ET

Sims Metal Management Shares Household Scrap Metal Recycling Tips

Infographic Displays 5 Places to Find Metal Scrap in Your Home

NEW YORK, NY--(Marketwired - January 22, 2014) - Sims Metal Management, the world's largest metals and electronics recycler, recently released an infographic to help consumers know where to find household recyclable metal scrap. Although much material received at Sims Metal Management is from industrial companies, homeowners, who are typically unaware of recyclable scrap metal in their homes, are encouraged to recycle as well.

According to the U.S. Environmental Protection Agency (EPA), only 35 percent of Americans recycle. As we start off the New Year, Sims Metal Management is promoting this visual to help consumers learn and understand what metals you can recycle and the enormous value generated from these efforts.

"While most have become familiar with the recycling of paper, plastics, glass, metal bottles, and cans, many are still not familiar with the recycling of other types of scrap metal," stated Bob Kelman, president of Sims Metal Management, North America. "This infographic will help consumers identify what qualifies as scrap metal within their homes, to help jumpstart awareness of recycling and its benefits to the environment."

Sims Metal Management has approximately 270 facilities on five continents, including more than 100 in North America. Some of the major North American locations include Chesapeake, Va., Chicago, Detroit, Memphis, Tenn., Morrisville (Philadelphia area), Pa., Newark, N.J., New York City, North Haven, Conn., Northwest, Ohio, Providence, R.I., Redwood City, Calif., Richmond, Calif., Richmond, Va., Sacramento, Calif., San Francisco, Trenton, N.J., Tulsa, Okla., and Worcester, Mass.

Through our affiliations with SA Recycling, Sims has additional locations in Los Angeles, Las Vegas, Phoenix, and Tucson, Ariz., and with Richmond Steel Recycling, Kamloops, B.C., Prince George, B.C., and Richmond (Vancouver area), B.C. To find a location near you, please visit the website, www.us.simsmm.com

Sims Metal Management

Sims Metal Management is the world's largest listed metal and electronics recycler with approximately 270 facilities and 6,400 employees globally. During fiscal year 2013 the Company generated approximately 63% of its revenue from operations in North America. The Company's ordinary shares are listed on the Australian Securities Exchange (ASX: SGM) and its ADRs are currently listed in the United States on the OTC Markets (OTC: SMSMY). 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, which we filed with the SEC on 16 October 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.

Contact Information

  • Contact information
    For investor and media inquiries contact:
    Todd Scott
    Group Vice President of Investor Relations
    61 4 0960 0352