Sims Limited (ASX:SGM) will look for acquisition. Stephen Mikkelsen, Group CEO and Managing Director said during the HY '24 results briefing, "Given that Fiscal Year '25 is only a few months away, the executive team has been prioritizing what we will deliver over the next 2 years. Two things that will continue are the targeted acquisition of assets that enhance our existing portfolio and where possible using recycled capital to fund these.

There will be a big focus in NAM, in particular, on sourcing additional unprocessed scrap and ensuring we have more domestic sales channels in which to deliver our products. Successful domestic channels will in part be secured by reliably providing high-quality, innovative products".