Latest Metal Recycling News

Sims Limited projects a robust FY26 underlying EBIT between $350 million and $400 million, buoyed by strong non-ferrous metal prices and resilient memory chip demand despite geopolitical and market headwinds.

6K Additive has secured a US$1.95 million Phase II contract from a U.S. defense agency to develop domestic recycling of critical strategic metals into high-value powders, aiming to reduce reliance on foreign imports.

SGH Ltd and Steel Dynamics have jointly submitted a best and final offer of A$32.35 per share to acquire BlueScope Steel, valuing the company at A$15 billion and representing a significant premium over recent trading prices.

Sims Limited reported a 3.7% rise in half-year sales revenue to A$3.78 billion, propelled by strong non-ferrous prices and robust growth in its Lifecycle Services division. Underlying EBIT soared 65.9%, reflecting strategic acquisitions and operational efficiencies despite challenging ferrous markets.

Sims Limited reported a robust fiscal 2026 half-year underlying profit, boosted by strong performances in its Lifecycle Services and North American metal operations. Despite statutory losses from derivative impacts, the company declared a healthy interim dividend and outlined strategic investments for future growth.

SGH Ltd and Steel Dynamics have jointly proposed a $13.2 billion acquisition of BlueScope Steel, offering shareholders a significant premium and planning a strategic split of assets between Australia and North America.

Metallium’s US subsidiary has locked in a binding multi-year supply agreement with Glencore for electronic scrap, underpinning the commercial scale-up of its innovative Flash Joule Heating technology in Texas.

Metallium Ltd has revealed significant progress in commercialising its Flash Joule Heating technology with a new Texas facility and key partnerships, setting the stage for global expansion in critical metals recovery.

Lithium Universe advances its U.S. solar panel recycling strategy following silver’s historic classification as a Critical Metal, positioning itself to tap into soaring demand and a growing PV waste stream.

Lithium Universe Limited has secured exclusive rights to a breakthrough silver extraction technology from Macquarie University, promising high-purity silver recovery from solar panels while preserving valuable silicon wafers. This innovation complements their existing recycling and lithium refining strategies in North America.

Magontec Limited reports a 20.1% rise in gross profit to $9.3 million for the first nine months of 2025, driven by stronger magnesium alloy recycling and innovative electronic anode sales. The company also posts positive cashflow in Q3, signaling operational momentum.

Talga Group has signed a strategic cooperation agreement with United Catalyst Corporation, marking its entry into the US battery anode market and setting the stage for new graphite recycling and anode production facilities in South Carolina.