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Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) Accelerates Rare-Earth Metal Recovery Amid Global Supply Disruptions

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Greenwave Technology Solutions (GWAV) is accelerating its rare-earth metal recovery operations in response to China's December 2024 ban on exporting gallium, germanium, and antimony to the US. The company, operating 13 metal recycling facilities across Virginia, North Carolina, and Ohio, expects significant revenue growth in FY 2025 through efficient extraction of these minerals from vehicles, appliances, and machinery.

The company views this initiative as a 'catalytic converter-level' opportunity, leveraging breakthrough technologies to recover previously overlooked high-value metals. GWAV's strategic location near Naval Station Norfolk and the Port of Virginia provides access to high-quality scrap metal from defense contractors and shipyards. The company focuses on recovering antimony for battery alloys, germanium for semiconductors, and gallium for renewable energy applications.

Greenwave Technology Solutions (GWAV) sta accelerando le sue operazioni di recupero di metalli rari in risposta al divieto imposto dalla Cina nel dicembre 2024 per l'esportazione di gallio, germanio e antimonio verso gli Stati Uniti. L'azienda, che opera 13 impianti di riciclaggio di metalli in Virginia, North Carolina e Ohio, prevede una significativa crescita dei ricavi nell'anno fiscale 2025 grazie all'estrazione efficiente di questi minerali da veicoli, elettrodomestici e macchinari.

L'azienda considera questa iniziativa come un'opportunità 'a livello di catalizzatore', sfruttando tecnologie innovative per recuperare metalli di alto valore precedentemente trascurati. La posizione strategica di GWAV vicino alla Naval Station Norfolk e al Porto della Virginia offre accesso a rottami metallici di alta qualità provenienti da appaltatori nel settore della difesa e dai cantieri navali. L'azienda si concentra sul recupero di antimonio per leghe per batterie, germanio per semiconduttori e gallio per applicazioni nell'energia rinnovabile.

Greenwave Technology Solutions (GWAV) está acelerando sus operaciones de recuperación de metales raros en respuesta a la prohibición de China en diciembre de 2024 sobre la exportación de galio, germanio y antimonio a EE. UU. La empresa, que opera 13 instalaciones de reciclaje de metales en Virginia, Carolina del Norte y Ohio, espera un crecimiento significativo de ingresos en el año fiscal 2025 a través de la extracción eficiente de estos minerales de vehículos, electrodomésticos y maquinaria.

La empresa considera esta iniciativa como una oportunidad 'a nivel de convertidor catalítico', aprovechando tecnologías innovadoras para recuperar metales de alto valor que antes pasaban desapercibidos. La ubicación estratégica de GWAV cerca de la Estación Naval de Norfolk y el Puerto de Virginia proporciona acceso a chatarra metálica de alta calidad de contratistas de defensa y astilleros. La empresa se centra en recuperar antimonio para aleaciones de baterías, germanio para semiconductores y galio para aplicaciones de energía renovable.

Greenwave Technology Solutions (GWAV)는 2024년 12월 중국이 gallium, germanium, antimony의 미국 수출을 금지한 데 대응하여 희귀 금속 회수 작업을 가속화하고 있습니다. 버지니아, 노스캐롤라이나 및 오하이오에 13개의 금속 재활용 시설을 운영하는 이 회사는 차량, 가전 제품 및 기계에서 이러한 광물의 효율적인 추출을 통해 2025 회계연도의 상당한 수익 성장을 기대하고 있습니다.

회사는 이 이니셔티브를 '촉매 변환기 수준의' 기회로 보고, 혁신적인 기술을 활용하여 이전에 간과된 고부가가치 금속을 회수하고 있습니다. GWAV의 전략적 위치는 노퍽 해군 기지와 버지니아 항구 근처에 있어 방위 계약자와 조선소에서 차별화된 고급 고철에 접근할 수 있는 장점을 제공합니다. 이 회사는 배터리 합금을 위한 antimony, 반도체용 germanium, 재생 에너지 응용을 위한 gallium 회수를 중심으로 하고 있습니다.

Greenwave Technology Solutions (GWAV) accélère ses opérations de récupération de métaux rares en réponse à l'interdiction de la Chine d'exporter du gallium, du germanium et de l'antimoine vers les États-Unis à partir de décembre 2024. L'entreprise, qui exploite 13 installations de recyclage de métaux en Virginie, en Caroline du Nord et en Ohio, s'attend à une croissance significative de ses revenus au cours de l'exercice 2025 grâce à une extraction efficace de ces minéraux à partir de véhicules, d'appareils électroménagers et de machines.

L'entreprise considère cette initiative comme une opportunité 'de niveau convertisseur catalytique', tirant parti de technologies révolutionnaires pour récupérer des métaux de haute valeur auparavant négligés. La localisation stratégique de GWAV près de la Naval Station Norfolk et du Port de Virginie permet d'accéder à des métaux en ferraille de haute qualité provenant d'entrepreneurs de défense et de chantiers navals. L'entreprise se concentre sur la récupération de l'antimoine pour des alliages de batteries, du germanium pour des semi-conducteurs et du gallium pour des applications dans l'énergie renouvelable.

Greenwave Technology Solutions (GWAV) beschleunigt seine Operationen zur Rückgewinnung seltener Erden als Reaktion auf Chinas Exportverbot von Gallium, Germanium und Antimon an die USA ab Dezember 2024. Das Unternehmen betreibt 13 Metallrecyclinganlagen in Virginia, North Carolina und Ohio und erwartet im Geschäftsjahr 2025 ein signifikantes Umsatzwachstum durch die effiziente Extraktion dieser Mineralien aus Fahrzeugen, Haushaltsgeräten und Maschinen.

Das Unternehmen sieht diese Initiative als eine 'katalytische Konverter-Stufe'-Chance und nutzt bahnbrechende Technologien, um zuvor übersehene hochpreisige Metalle zurückzugewinnen. Die strategische Lage von GWAV in der Nähe der Naval Station Norfolk und des Hafens von Virginia bietet Zugang zu hochwertigen Schrottmetallen von Verteidigungsauftragnehmern und Werften. Das Unternehmen konzentriert sich auf die Rückgewinnung von Antimon für Batterielegierungen, Germanium für Halbleiter und Gallium für Anwendungen im Bereich erneuerbare Energien.

Positive
  • Strategic location near military and industrial hubs provides exclusive access to high-quality scrap metal
  • Expects significant revenue growth in FY 2025 from rare-earth mineral recycling
  • Operates 13 metal recycling facilities across three states
  • Possesses grandfathered licenses and established supplier relationships
Negative
  • Heavy dependence on external factors like China's export policies
  • Revenue projections are forward-looking with no specific figures provided

Insights

The rare earth metals recycling initiative represents a significant strategic pivot for Greenwave amid growing geopolitical tensions. China's export ban on critical minerals creates an immediate market opportunity, particularly given GWAV's strategic location near military installations and access to high-quality scrap from defense contractors. The focus on antimony, germanium and gallium recycling addresses critical supply chain vulnerabilities in semiconductor and clean energy sectors.

The company's 13 metal recycling facilities and established relationships with suppliers provide a strong foundation for scaling rare earth recovery operations. However, with a market cap of just $15.2M, GWAV will need to demonstrate successful execution and technological capabilities to capture meaningful market share in this highly specialized sector.

The focus on recovering gallium, germanium and antimony is particularly timely given their critical applications in semiconductors and renewable energy technologies. These elements are essential for next-generation electronics, with gallium being important for compound semiconductors and germanium vital for fiber optics and infrared devices. The company's emphasis on extracting these materials from end-of-life products could provide a domestic supply alternative, reducing dependence on Chinese exports.

The comparison to the catalytic converter opportunity suggests significant potential, though success will heavily depend on the efficiency of their proprietary extraction technologies and ability to achieve economically viable recovery rates.

On December 3, 2024, China banned the export of gallium, germanium, and antimony to the United States – vital minerals utilized in the production of semiconductors, solar panels, and electric car batteries

The Company expects to generate significant revenue in FY 2025 through the efficient extraction of these rare-earth minerals from vehicles, appliances, equipment, and heavy machinery

Greenwave believes its proprietary rare-earth metal recovery initiative is a "catalytic converter-level" opportunity, with breakthrough technologies unlocking the profitable recovery of rare and high-value metals historically overlooked by the recycling industry

CHESAPEAKE, Va., Dec. 18, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), a leading metal recycler in Virginia, North Carolina, and Ohio, announced today it is accelerating the recovery of rare-earth metals from appliances, equipment, heavy machinery, and vehicles – capitalizing on surging global demand and escalating geopolitical tensions.

Greenwave views its proprietary rare-earth metal recovery initiative as a "catalytic converter-level" opportunity, with breakthrough technologies unlocking the profitable recovery of rare and high-value metals historically overlooked by the recycling industry.

Following China's December 2024 ban on exporting gallium, germanium, and antimony to the United States—key materials for semiconductors, solar panels, and EV batteries—Greenwave has fast-tracked its rare-earth recycling initiatives. Positioned near Naval Station Norfolk and the Port of Virginia, Greenwave' wholly-owned recycling facilities leverage access to high-quality scrap metal sourced from defense contractors, shipyards, and logistics hubs, securing a strategic advantage in the metals market.

Market-Leading Differentiation and Revenue Growth Potential
In addition to the growth projected in the Company's legacy business lines, Greenwave anticipates robust FY 2025 revenue growth related to the Company's efficient recycling of rare-earth minerals from end-of-life vehicles, appliances, heavy machinery, and industrial equipment. Greenwave's comprehensive recovery processes target high-demand materials:

  • Antimony (for battery alloys and industrial applications): Recycled from lead-acid batteries, mine tailings, and flame-retardant plastics.
  • Germanium (for optics, semiconductors, and medical devices): Extracted from infrared systems, lenses, and spent electronic components.
  • Gallium (critical for semiconductors and renewable energy): Recovered from solar cells, LED manufacturing scrap, and electronic waste.

Strategic Investments Drive Market Leadership
With cutting-edge technology, robust supply channels, and scalable processes, Greenwave is positioned to become a market leader in rare-earth recovery. The Company's strategic investments in advanced recycling equipment and specialized workforce training aim to optimize recovery yields and to solidify Greenwave's competitive edge.

Investor Highlights

  • Positioned for sustained growth amid critical material shortages.
  • Strategically located to capitalize on military and industrial supply chains.
  • Uniquely focused on high-value metals with growing global demand.

Greenwave's twenty years of operating experience in the scrap metal industry, combined with the Company's extensive footprint, grandfathered licenses, and strong relationships with key suppliers provide unique and compelling competitive advantages. The Company intends to utilize its unique position in the industry to become a leader in the recovery of rare earth metals.

About Greenwave – One of the Mid Atlantic's Leading Metal Recyclers

As an operator of 13 metal recycling facilities, Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) supplies leading steel mills and industrial conglomerates with ferrous and non-ferrous metal. With steel being one of the most recycled materials worldwide, Greenwave supplies the raw metal utilized in critical infrastructure projects and U.S. warships vital to American national security interests. Headquartered in Chesapeake, VA, the Company has 167 employees with metal recycling operations across Virginia, North Carolina, and Ohio.

For detailed financials and updates, visit www.GWAV.com.

Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements about its revenue growth, opening of additional locations, margin expansion and cashflow projections. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, the Company can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Company's control), assumptions and other factors that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for the Company's common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the SEC. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

Contact Info:
(800) 490-5020
Info@GWAV.com

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SOURCE Greenwave Technology Solutions

FAQ

How will China's rare-earth export ban affect GWAV's business in 2025?

The ban is expected to positively impact GWAV's business as it creates increased demand for rare-earth metal recycling in the US, with the company projecting significant revenue growth in FY 2025.

What rare-earth metals does GWAV plan to recover from recycling?

GWAV plans to recover antimony (for battery alloys), germanium (for semiconductors and medical devices), and gallium (for semiconductors and renewable energy) from various sources including vehicles, appliances, and industrial equipment.

Where are GWAV's 13 metal recycling facilities located?

GWAV operates metal recycling facilities across Virginia, North Carolina, and Ohio, with headquarters in Chesapeake, VA.

What is GWAV's competitive advantage in rare-earth metal recycling?

GWAV's advantages include strategic location near Naval Station Norfolk, twenty years of operating experience, grandfathered licenses, strong supplier relationships, and access to high-quality scrap metal from defense contractors and shipyards.

Greenwave Technology Solutions, Inc.

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