Sims’ chief executive says the scrap metal group is primed for even stronger growth as the world decarbonises, with demand for recycled ferrous products, copper and aluminium rising, and a new business refurbishing computing hardware booming.
The company’s shares have jumped 50 per cent in the past two months, from $14.15 to above $21.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
