Sims Ltd

SGM: XASX (AUS)
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Sims: Steeled for Growth in Artificial Intelligence

Sims' first-half fiscal 2026 underlying EBIT of AUD 121 million was 66% higher than the prior year on a mix-shift to higher-margin sales. AI-driven demand has lifted prices for non-ferrous metals, such as copper and aluminum, and supported exceptional growth in Sims' computer recycling business.

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