Green Technology Solutions, Inc. announced that GTSO and partners Chilerecicla have completed a feasibility study detailing the purchasing of potentially lucrative e-waste from throughout the region for processing and resale to international companies. A leader in Chilean urban mining, Chilerecicla operates the first e-waste recycling plant in Southern Chile and maintains crucial relationships with overseas smelters, with the right to sell them as many recovered metals and minerals as GTSO and Chilerecicla can provide. With Chilerecicla now operating at full capacity, a major expansion in productivity is being planned to capitalize on the incredible growth of e-waste stocks in the region by purchasing large quantities of discarded cell phones, computers, televisions and more.

In addition to valuable concentrations of copper, gold and platinum, these electronic devices contain rare earth elements such as yttrium, neodymium, germanium and europium. The incredible demand for newer and better electronics, from tabet computers to electric cars, has caused a global supply crunch that GTSO believes e-waste can help solve. So far, Chilerecicla has signed an initial agreement with one of Bolivia's e-waste operators and is in negotiations with others in Ecuador, Argentina and elsewhere.

By securing favorable purchase prices from these e-waste suppliers and selling the recycled materials directly to smelters overseas, the joint venture plans to increase its profitability significantly.