Sims Metal Management Celebrates 100th Anniversary

SYDNEY and NEW YORK, Sept. 21, 2017 /PRNewswire/ -- Sims Metal Management Limited (ASX:SGM, USOTC:SMSMY), the world's leading listed metal and electronics recycler and services provider, is proud to be celebrating 100 years in the recycling business. Since its inception in 1917, a company started by Albert Sims with a single small yard in Sydney, Australia has evolved into a global business. Over that time, the Company has recycled more than 250 million tonnes of metal and generated revenue of over $100 billion.

"I am proud to be a part of an organization with such a long and successful history," stated Alistair Field, SMM Group CEO and Managing Director. "The world has changed a lot since Albert Sims started his small business in 1917. We've experienced two world wars, and carried on through great advances in technology, great social transformations and the globalization of the international economy. Through each turn, the Company has adapted and thrived."

Mr. Field continued, "It speaks volumes to the resilience and commitment of our people that not only are we still here, but we have prospered with each new change. Our focus on optimization and continuous improvement, with internal investments in our operations, functions and people, will continue to ensure we maintain our solid path for years to come."

Today, Sims Metal Management is the world leading publicly-listed metals and electronics recycler, and an emerging player in the municipal recycling and renewable energy industry. Backed by over 4,500 skilled employees across our 200 facilities in over 20 countries, the future has never looked so bright. For more information, please visit http://ow.ly/xNKJ30fiG8T.

About Sims Metal Management

Sims Metal Management is the world's leading publicly-listed metal recyclers with over 200 facilities, operations in 20 countries, and over 4,500 employees globally. The Company's core businesses are metal recycling and electronics recycling, with circa 51% of its revenue from operations in North America. The Company's ordinary shares are listed on the Australian Securities Exchange (ASX: SGM) and its American Depositary Shares are quoted on the Over-the-Counter market in the United States (USOTC: SMSMY).

Please visit our website (www.simsmm.com) for more information and recent developments.

SOURCE Sims Metal Management