Greenwave Technology Solutions (GWAV)

The company handles both ferrous metals, such as iron and steel, and non-ferrous metals, including materials such as aluminium, copper, and brass. Its facilities receive scrap from a variety of sources, including appliances, construction debris, end-of-life vehicles, boats, industrial machinery, and other metal-bearing items. Greenwave processes this material by sorting, cutting, crushing, shearing, shredding, and separating it into saleable grades based on metal type, density, and quality.

Greenwave operates in an industry that plays an important role in the circular economy. Recycled metal can reduce the need for newly mined raw materials and supply steel mills, foundries, and industrial buyers with feedstock for manufacturing. The business is closely linked to commodity prices, scrap availability, industrial activity, construction trends, transportation costs, and demand from metals processors.

The company has also sought to use technology to improve sourcing and operations, including digital tools intended to connect scrap sellers with its recycling locations. As a listed stock, Greenwave provides exposure to the U.S. scrap recycling market and to the economics of metal recovery. Its distinguishing feature is its focus on operating physical recycling yards while pursuing greater efficiency in how scrap is collected, classified, processed, and monetised.