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Sims Recycling Solutions Expands into Quebec, Canada

Tuesday, January 8th 2013 9:11:11am

Press Release
For Immediate Distribution

January 8, 2013
Cindy Coutts, President, (905) 874-6835

Toronto, ON - Sims Recycling Solutions, Canada, the global leader in electronics reuse and recycling has announced the start up of their newest electronics recycling facility in Quebec, Canada. Sims has expanded their current recycling service offerings of waste electronic and electrical equipment (WEEE) for consumers, businesses, governments and provincial programs throughout Canada. The new 55,000 sq. ft. facility is located in Laval, Quebec, in the greater Montreal area. It joins the 2 sites operating in Ontario, and 1 in British Columbia to provide truly national Canadian service.

“Quebec, home to 24 percent of the Canadian population, is the latest province to implement WEEE recycling regulations. If Quebec’s volumes reflect those of other provinces driven by similar regulations, we can expect at least 25,000 metric tonnes of WEEE to be recycled in Quebec over the next year” says Cindy Coutts, President of Sims Recycling Solutions, Canada. “Sims Recycling Solutions is committed to developing the most advanced recycling technology and in providing more green jobs in Canada and the world.”

This new facility has been established to uniquely serve the Quebec market given the establishment of the Quebec WEEE stewardship regulations, Direction des matières résiduelles et des lieux contaminés - Service des matière résiduelles/ Regulation Respecting the Recovery and Reclamation of Products by Enterprises, which took effect July 14, 2012.

Sims Recycling Solutions’ leadership in the environmentally sound recycling of end-of-life electronics provides cost effective recycling solutions that focus on industry leading recycling standards. The Canadian operations are currently ISO 14001:2004, OHSAS 18001:2007, RCMP and Controlled Goods Approved, RQP (2010) and Responsible Recycling (R2) Practices certified.

About Sims Recycling Solutions
Sims Recycling Solutions (ca.simsrecycling.com) is the global leader in electronics reuse and recycling, offering customers in every business sector comprehensive recycling services out of our 53 owned and operated sites across the globe.

Sims Recycling Solutions - owned by Sims Metal Management, a publicly traded company - has the global reach, expertise and infrastructure necessary to guarantee our customers that their data is secure, their electronic equipment is processed in an environmentally responsible manner, their reputation is protected and their compliance risks are eliminated.

In America, Sims Recycling Solutions operates 16 sites in Arizona, California, Florida, Illinois, Maryland, Nevada, New Jersey, Ontario, South Carolina Tennessee, Texas and Vancouver.

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.