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Green Technology Solutions, Inc. (GTSO) Plotting Tactical Approach To Capitalize On E-Waste

|Includes: Green Technology Solutions, Inc. (GTSO)

Green Technology Solutions, an explorer of rare earth minerals and precious metals production around the world, is addressing the global, unprecedented growth in electronic waste (e-waste) by working to develop and deliver processing technologies and best practices necessary to recycle and capitalize on the waste.

According to the International Environmental Technology Center of the United Nations Environment Program (UNEP), e-waste is estimated to increase in volume by 40 percent each year on a global scale, with 80 percent of it still going into landfills and incinerators, making e-waste the fastest growing segment of the global waste stream. Developing nations are experiencing considerable increases in e-waste with volume in these regions expected to increase by up to 500 percent in upcoming years.

GTSO's goal is to recycle e-waste to supply future needs and address the dwindling supply of basic materials. The company reports that the supply of some rare materials such as indium (used in LCD screens), tantalum (used in cellphones and microchips), and antimony (used in drugs) are nearing exhaustion.

In recognition of this, GTSO is currently investing its resources in e-waste supplies and infrastructure so in the future it is positioned to capture a major share of the marketplace. The company's primary region of focus is Latin America, where five countries have established laws or rules mandating the recycling of e-waste: Columbia, Costa Rica, Peru, Brazil, and Mexico.

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