Sims Ltd. engages in the recycling of metal and electronics. The company is headquartered in Mascot, New South Wales and currently employs 3,916 full-time employees. The company went IPO on 2005-10-21. Its principal activities include the buying, processing, and selling of ferrous and non-ferrous recycled metals and the provision of environmentally responsible solutions for the recycling and repurposing of post-consumer electronic products and information technology (IT) assets. Its segments include North America Metal (NAM), Australia/New Zealand Metal (ANZ), Global Trading, Investment in SA Recycling (SAR) and Sims Lifecycle Services (SLS). The NAM segment comprises subsidiaries and joint ventures in the United States of America and Canada which perform ferrous and non-ferrous secondary recycling functions. The ANZ segment comprises subsidiaries in Australia, New Zealand and Papua New Guinea which perform ferrous and non-ferrous secondary recycling functions. Global Trading segment coordinates sales of ferrous bulk cargo shipments and non-ferrous sales into China and Southeast Asia.