The company's purpose is all activities related to the recovery, recycling and reconditioning of materials of all kinds, in particular products based on iron, metals and copper, as well as the trade and import-export of recycling materials and metals, and all services in these fields. It may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose, merge with such companies, acquire or sell real estate, and carry out all operations and conclude all contracts that are suitable for developing and expanding its purpose or are directly or indirectly related to it. It may grant loans to associates or third parties if this serves its interests. The company has an indefinite duration.