Sims Ltd.
(Other OTC/NBB : SMS)

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Non Energy Minerals » Steel
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Company Profile

Sims Ltd. engages in the recycling of metal and electronics. It operates though the following segments: North America Metals (NAM), Australia,New Zealand Metals (ANZ), UK Metal (UK), Global Trading, Investment in SA Recycling (SAR), Sims Lifecycle Services (SLS), and Unallocated. The NAM segment comprises of subsidiaries and joint ventures in the U.S. and Canada, which perform ferrous and non-ferrous secondary recycling functions. The ANZ segment includes subsidiaries and joint arrangements in Australia, New Zealand, and Papua New Guinea, which perform ferrous and non-ferrous secondary recycling functions. The UK segment consists of subsidiaries in the United Kingdom, which perform ferrous and non-ferrous secondary recycling functions. The Global Trading segment comprises the Group’s ferrous and non-ferrous marketing subsidiaries that coordinate sales of ferrous bulk cargo shipments, non-ferrous sales into primarily China and Southeast Asia, and brokerage sales on behalf of third and related parties. The SAR segment comprises of the Group’s share of results from its investment in the SA Recycling joint venture. The SLS segment consists of subsidiaries, which provide electronic recycling solutions in the following countries: Australia, Germany, India, Ireland, Netherlands, New Zealand, Poland, Singapore, the United Kingdom and the United States of America. The Unallocated segment contains unallocated corporate costs, interests in a joint venture in Australia, Sims Municipal Recycling, and Global Sustainability Insurance Corporation. The company was founded by Albert George Sims in 1917 and is headquartered in Mascot, Australia.