Sims Opens Electronics Recycling Facility in Dallas

Date: November 30, 2011

Source: Sims Recycling Solutions

Sims Recycling Solutions (Chicago, IL), a division of Australian-based Sims Metal Management, is opening a 31,584-square-foot electronics recycling facility in Dallas, Texas. Operations at the plant will involve hand-dismantling of electronics, hard drive destruction, baling and asset management. Further processing of electronics will take place at other Sims Recycling Solutions locations, the company said.

November 28, 2011

Sims Recycling Solutions Announces Expansion Into Dallas

Sims Recycling Solutions, the global leader in electronics reuse and recycling, announces the opening of its newest electronics recycling facility in Dallas, Texas. Formal operations are scheduled to begin this month. Sims will offer electronics recycling services to residents and businesses throughout Texas, including the Dallas, Austin, Houston, San Antonio and El Paso markets, ensuring their data is secure, their electronic equipment is processed in an environmentally responsible manner, their reputation is protected and their compliance risks are eliminated.

"Electronic waste is an exponentially growing problem all over the world," says Steve Skurnac, President, Sims Recycling Solutions, Americas. "By bringing our electronics recycling and asset management capabilities to Dallas, we will protect Texas consumers and businesses from the risks associated with electronic waste disposal, minimize freight costs, reduce greenhouse gas emissions, simplify logistics and bring new green jobs to Texas. We are excited about serving the greater Dallas community."

The new 31,584-square-foot facility will be located on 2134 French Settlement Road, approximately six miles from Dallas and 27 miles from Fort Worth. Sims Recycling Solutions will immediately hire seven employees for the Texas facility, adding more jobs as the amount of materials coming into the facility increases. The services provided at the electronics and computer recycling facility include hand-dismantling of electronics, hard drive destruction, baling and asset management. Further processing of electronics will take place at other Sims Recycling Solutions locations. Between 300 and 400 million electronic items are dumped in the U.S. every year, according to the U.S. Environmental Protection Agency (EPA).

The Dallas facility is the 14th in North America and 50th worldwide operated by Sims, the only global reuse and recycler offering customers self-contained and wholly secure electronic recycling capabilities as part of an unsurpassed international network at the forefront of solving the exponentially growing security and environmental problems created by e-waste.

Sims Recycling Solutions

Sims Recycling Solutions ( is the world's largest electrical and electronics recovery and recycling company with 50 sites across the globe.

Sims recycles all types of electronic equipment, enabling businesses to meet both their social and legal obligations in the treatment of surplus electronics. The company's asset management and recovery service enables businesses and public sector organizations to sustain the value of IT and electronic equipment, in a legally compliant, data secure, fully traceable and environmentally sustainable manner.

In North America, Sims Recycling Solutions operates 14 sites in Arizona, California, Florida, Illinois, Nevada, New Jersey, Ontario, South Carolina, Tennessee and Texas.

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 6 December 2010.

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.

For Further Media Information Contact:
Stephanie Souza Oden, (916) 746-7326

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