GTSO: Recycled Mining Tech May Solve E-Waste Crisis
SAN JOSE, Calif.--(BUSINESS WIRE)-- In its quest to market and develop potentially lucrative new urban mining technologies, Green Technology Solutions, Inc. (OTCBB: GTSO) is working to repurpose mineral processing methods to potentially reclaim billions of dollars' worth of metals from discarded smartphones, tablets and other electronics.
Mining industry techniques such as froth flotation may hold the key to recovering metals such as copper, which is found in circuit boards; and gold, silver and platinum, found in electronic components and connectors; from unwanted mobile phones, televisions, computers and other devices. Froth flotation is the main process used in the Australian mining industry to recover metals from ores.
"The key is to constantly innovate," said GTSO CEO Paul Watson. "Techniques such as froth flotation have been used for years in mining and now researchers are finding new ways to separate minerals from e-waste—such as mobile devices—with a much higher degree of energy efficiency than older techniques. The potential cost savings are considerable, which is why we're highly interested in the possibility of helping bring these new techniques to market."
GTSO views e-waste and waste to energy as vital elements to supplying future needs, turning waste bins into the mines and reservoirs of the future. The company is investing time and money in managing waste supplies and infrastructure today so that we'll be able to capture a major share of the marketplace tomorrow.
Urban mining is key to GTSO's plans to compete alongside major international corporations striving for sustainable waste solutions, such as Industrial Services of America (NAS: IDSA) and Sims Metal Management Ltd. (NYS: SMS) .
About Green Technology Solutions, Inc.
Green Technology Solutions, Inc. [www.gtsoresources.com] is a growth-oriented company exploring rare earth minerals and precious metals production around the world. To learn more, please visit the website at www.GTSOresources.com/investors.html.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Green Technology Solutions, Inc.
Paul Watson, 408-432-7285
President and CEO
KEYWORDS: United States North America California
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