Recycle Computers to Save Resources
West Chicago, IL, December 02, 2010 --(PR.com)-- Sims Recycling Solutions is calling for greater global recycling of computer and ICT equipment in order to preserve the earth’s finite resources of precious and rare earth metals. The company says that unless recycling of computer and ICT equipment is substantially increased, the world will start to run out of the metals needed to make the equipment within the next two decades.
Sims Recycling Solutions’ Reggie Chesson said: "Many organizations and businesses are now waking up to the fact that surplus ICT equipment should not be treated as waste as it contains valuable resources that can be re-used. We have a duty to sustain the earth’s resources by recycling ICT assets and we are pleased that awareness of this issue is becoming more widespread. We rely heavily on computers and other ICT products in everyday life and the bottom line is that we are rapidly running out of the materials we need to manufacture them.
"If the equipment does end up in a third world country, not only are informal recycling processes poisoning both workers and the local environment, but the processes do not recover anywhere near the same amount of materials. Informal recycling processes concentrate mainly on gold, steel and copper and therefore recover only around a maximum of 57% of the materials. By comparison, professional recycling companies recover more than 90% of the materials, including rare and precious metals.
"The global volume of scrap electronics is increasing at an extraordinary rate, year on year, and the bottom line is that we need to start recovering more of the precious and rare earth metals which this scrap contains. We cannot afford to bury our heads in the sand and hope that the problem will go away."
Sims Recycling Solutions has been at the forefront of the Green IT agenda for over a decade, developing specialist technologies for the asset management, recovery and recycling of ICT equipment. This commitment has seen a host of other standards and awards.
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Sims Recycling Solutions - Sims Recycling Solutions (www.us.simsrecycling.com) is the world’s largest electrical and electronics recovery and recycling company with 38 sites across the globe.
Sims Recycling Solutions recycles all types of electronic equipment and enables 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 11 sites in Arizona, California, Florida, Illinois, Nevada, Ontario, South Carolina and Tennessee.
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 12 November 2009.
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.
Follow This Link for the Sims Recycling Solutions Press Kit: http://us.simsrecycling.com/media/143095/press%20kit%20final.pdf
For Further Media Information Contact:
Stephanie Souza Oden (916) 746-7326
Stephanie.souza@simsmm.com
Sims Recycling Solutions’ Reggie Chesson said: "Many organizations and businesses are now waking up to the fact that surplus ICT equipment should not be treated as waste as it contains valuable resources that can be re-used. We have a duty to sustain the earth’s resources by recycling ICT assets and we are pleased that awareness of this issue is becoming more widespread. We rely heavily on computers and other ICT products in everyday life and the bottom line is that we are rapidly running out of the materials we need to manufacture them.
"If the equipment does end up in a third world country, not only are informal recycling processes poisoning both workers and the local environment, but the processes do not recover anywhere near the same amount of materials. Informal recycling processes concentrate mainly on gold, steel and copper and therefore recover only around a maximum of 57% of the materials. By comparison, professional recycling companies recover more than 90% of the materials, including rare and precious metals.
"The global volume of scrap electronics is increasing at an extraordinary rate, year on year, and the bottom line is that we need to start recovering more of the precious and rare earth metals which this scrap contains. We cannot afford to bury our heads in the sand and hope that the problem will go away."
Sims Recycling Solutions has been at the forefront of the Green IT agenda for over a decade, developing specialist technologies for the asset management, recovery and recycling of ICT equipment. This commitment has seen a host of other standards and awards.
###
Sims Recycling Solutions - Sims Recycling Solutions (www.us.simsrecycling.com) is the world’s largest electrical and electronics recovery and recycling company with 38 sites across the globe.
Sims Recycling Solutions recycles all types of electronic equipment and enables 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 11 sites in Arizona, California, Florida, Illinois, Nevada, Ontario, South Carolina and Tennessee.
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 12 November 2009.
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.
Follow This Link for the Sims Recycling Solutions Press Kit: http://us.simsrecycling.com/media/143095/press%20kit%20final.pdf
For Further Media Information Contact:
Stephanie Souza Oden (916) 746-7326
Stephanie.souza@simsmm.com
Contact
Sims Recycling Solutions
Stephanie Souza Oden
(916) 746-7326
www.us.simsrecycling.com
Stephanie Souza Oden
(916) 746-7326
www.us.simsrecycling.com
Contact
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