Greenwave’s growth is being driven by Cleveland, OH and Virginia Beach, VA locations. Dive into the announcement to learn more about our revenue growth strategies in 2024: $GWAV
#MetalRecycling
#Metals
Greenwave expects its second American Pulverizer 60×85 shredder will result in the company being EBITDA positive and generating positive cash flow from operating activities. Dive into how Greenwave is positioned for the next phase of its growth: $GWAV
Greenwave is one of the largest independent operators of metal recycling facilities on the
#EastCoast
and operates 13 metal recycling facilities in Virginia North Carolina, and Cleveland, OH. Discover more: $GWAV
#MetalRecycling
#Metals
Greenwave Technology Solutions' Downstream Processing System Generates Record Revenues as
#Copper
Hits All Time High. Read the press release here: $GWAV
#Metals
Greenwave’s suppliers include large corporations, industrial manufacturers, retail customers, and municipalities – we process significant amounts of ferrous and non-ferrous metals on a daily basis. $GWAV
#MetalRecycling
#Metals
Today, Greenwave announced that its downstream processing system generated record revenues in May 2024, driven by both increased volume and higher prices. If you missed the news, read the press release here: $GWAV
#Copper
#Metals
Today, Greenwave announced the completion of its recapitalization, strengthening its balance sheet by $80.5 million since February. Read the press release for recent company highlights: $GWAV
Greenwave is on track to generate record revenues driven by the volume of steel and copper processed in 2024.
#Copper
prices hit an all-time high in May 2024. Read more here:
$GWAV
#Metals
We went to our Carrollton yard yesterday to check on the installation of our second shredder -- the foundation is in place and the installation is on schedule!! Once operational, the shredder will double Greenwave's processing capacity of scrap metal. $GWAV
Loading metal into the shredder at our Kelford location! This process shreds and sorts metal based on their composition - and produces Zorba too. $GWAV
#MetalRecycling
CEO Spotlight: “The investments we’ve made in Greenwave's infrastructure will facilitate significant growth in our
#copper
and
#steel
processing capacity, which we anticipate will create significant shareholder value." More details here: $GWAV
#Metals
New from
@Benzinga
: With Enough Cash In The Coffers, Greenwave Is Putting Its Growth Plans To Work. Read more as we are focused on bringing our growth strategies to life by making more buys and expanding Scrap App: $GWAV
#Metals
#Recycling
Greenwave is on track to generate revenues of more than $40 million driven by volume of
#steel
and
#copper
processed in 2024. Dive into the article via
@Benzinga
to learn how we are growing and increasing processing volume: $GWAV
#MetalsProcessing
Greenwave Technology Solutions Expects to Process Record Volumes of
#Steel
and
#Copper
with Revenues Exceeding $40 Million in 2024. Read the press release here: $GWAV
#MetalRecycling
#Metals
Greenwave's recent highlights:
• On track to generate record revenues exceeding $40 million driven by volume of
#steel
and
#copper
processed in 2024
• Strengthened balance sheet by approximately $80.5 million since February
More details: $GWAV
The installation of Greenwave's second shredder is proceeding on schedule! It is expected to more than double $GWAV's processing capacity of scrap metal.
#Copper
prices hit an all-time high in May 2024 due to demand for
#electricvehicles
and
#AI
technologies. Greenwave is on track to generate record revenues driven by the volume of steel and copper processed in 2024. Read: $GWAV
Greenwave’s wholly-owned subsidiary, Scrap App, recently set a new daily record for cars purchased through the Scrap App platform. Read the press release here: $GWAV
#AI
#Tech
#Metals
#Recycling
#ScrapMetal
Greenwave announced a debt-for-equity swap, strengthening its balance sheet. This strategic move positions the company for more growth opportunities. Read more as we expect to generate revenues exceeding $40 million: $GWAV
#Metals
#MetalsProcessing
Greenwave is now harnessing
#AI
to optimize pricing and sales within Scrap App. If you missed our CFO’s recent interview with Benzinga
#AllAccess
, tune into the replay here: $GWAV
#Metals
#Scrap
#Tech
#ICYMI
Breaking Records! Our first half of 2023 has been nothing short of spectacular.
Check out our impressive revenues and cash flows that are propelling us to new heights!
Stay tuned for more updates
#BusinessGrowth
#Revenue
#Cashflow
$GWAV
Greenwave Technology Shores Up Balance Sheet With Debt-for-Equity Swap, Expects To Process Record Volumes Of Steel And Copper With 2024 Revenues Exceeding $40 Million. Read more via
@Benzinga
: $GWAV
#Metals
While Greenwave generates healthy margins on the scrap metal it processes in any market environment, our revenues increase and margins expand when metal prices rise. We believe $GWAV will benefit from the fundamental metal supply/demand imbalance.
Recycling steel, rather than using virgin materials, cuts CO2 emissions by approximately 75% while utilizing approximately 70% less energy. Demand for recycled or "green" steel is expected to increase by millions of tonnes annually over the next 5 years. $GWAV
Here’s a behind the scenes look at the full shredding process at our Kelford facility! We’re currently installing a second shredder at our Carrollton yard. Shredding steel and other metals before we sell them significantly increases our profit margins!! $GWAV
Our second automotive shredder is set to supercharge our Carrollton facility's revenues this Q4 2023. Doubling our ferrous metal processing capacity.
Stay tuned for more updates on our journey! 🚗🔄
$GWAV
#GreenwaveExpansion
#MetalRecycling
Greenwave recently began operation of a metal baler, wire stripper, and three sheers at our non-ferrous processing facility in Portsmouth, VA. To learn more about the high capacity metal baler, read the announcement here: $GWAV
#MetalRecycling
#Metals
Greenwave operates in a growing and fragmented industry, one example of which is recycled steel. Using
#recycled
#steel
instead of new material can cut
#CO2
emissions by about 75% as it uses about 70% less energy than manufacturing new materials. $GWAV
Greenwave’s wholly-owned subsidiary, ScrapApp, recently announced that it set a new weekly revenue record from
#cars
purchased through the platform from July 21 through and including July 27, 2024.
If you missed the announcement, read here: $GWAV
#AI
Greenwave’s downstream processing system generated record revenues in May 2024. If you missed the news, check out the press release here: $GWAV
#MetalRecycling
#Metals
Greenwave is expected to double its ferrous metal processing capacity with our second shredder which is scheduled to be connected to the power grid no later than April 9 and will commence operations shortly after. Details: $GWAV
#MetalRecycling
#Metals
Thank you
@ARNewsInc
for the article.
$GWAV is at the forefront of the booming metals recycling market, playing a vital role in the sustainable future of the industry.
Link to full article:
#MetalRecycling
#Greenwave
Is scrap the new “precious metal”? Greenwave’s CFO, Isaac Dietrich, recently joined
@Benzinga
’s
#AllAccess
to discuss the company’s
#metalrecycling
facilities and how we plan to harness
#AI
to optimize pricing and sales with Scrap App. Watch here: $GWAV
Tire disposal is one of the main costs Greenwave incurs to scrap a car — we’re optimistic that recycling technologies will soon enable us to turn this cost into a new revenue stream $GWAV