Greenwave Technology Solutions (NASDAQ: GWAV) is set to benefit from the 2025 opening of Nucor Corporation’s advanced steelmaking facility in Lexington, North Carolina, which will process 430,000 tons annually using nearly 100% recycled materials. As a major regional supplier, Greenwave operates five facilities in North Carolina and has a history of supporting Nucor’s operations, including critical national security projects. With a projected shift to 75% domestic revenue by 2025, driven by federal infrastructure investments and anticipated trade policies, Greenwave is strategically positioned to meet surging demand for sustainable, domestically sourced metals in defense and construction markets.
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About Greenwave Technology Solutions Inc
Greenwave Technology Solutions, Inc., through its wholly owned subsidiary Empire Services, Inc. (“Empire”), is an operator of 13 metal recycling facilities in Virginia, North Carolina, and Ohio. The Company’s recycling facilities collect, classify, and process raw scrap metal (ferrous and nonferrous).
NOTE TO INVESTORS: The latest news and updates relating to PLG are available in the company’s newsroom at https://ibn.fm/GWAV
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