SPEL
 home  > Investments > Current > CMA
CMA Corporation

 

CMA Corporation

   
Industry Metal Recycling
Investment Cost @ 31/1/2009 $12,000,000
Investment Date July 2005
Shareholding Percentage @ 30/6/2009 5%
Head Office Sydney, NSW
Listing ASX: CMV

CMA Corporation Ltd is a leading integrated Australian based metal recycling group with operations in the sourcing, supply, processing, smelting and exporting of scrap metal.

The Company has patented the Meretec de-zincing process which safely removes and captures the zinc coating from galvanised scrap metal. CMA also has contracting operations in resource sector plant de-commissioning, industrial demolition, site clearance, remediation and marine works.

Since listing in June 2005, CMA has pursued an acquisition based growth strategy. The most important of these was the 5 July, 2007 purchase of Southern Rocycling. The acquisition delivered crucial scale for the group and the ability to conduct their own collections.

Beyond the markets of Australia and New Zealand, CMA has a presence in the United States,  Singapore and Malaysia. In April 2009 CMA shares commenced trading in the United States on OTCQX International, as American Deposit Receipts (ADRs), providing the company with improved access to world investment markets.

www.cmacorp.net