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Car wrecks and computer refurbishments drive Sims

Simon Evans
Simon EvansSenior reporter

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Scrap metal group Sims Ltd has shifted into the spotlight as something of a sharemarket darling as investors reassess the role it can play as the world takes early steps in trying to decarbonise the economy.

Sims has a sharemarket value of $4.2 billion and while its main business of buying and selling scrap metal is still the mainstay of the company, it has also been making solid headway with some new business ventures.

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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

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    Original URL: https://www.afr.com/technology/car-wrecks-and-computer-refurbishments-drive-sims-20220404-p5aarw