Green Technology Solutions (OTCBB: GTSO) mining subsidiary GTSO Resources may be scouring Canada for new lithium excavation opportunities currently, but not all of the Great White North’s valuable resources are underground. The company also sees tremendous profit potential in Canada’s booming e-waste stream.
“By recycling e-waste, we can not only keep toxic materials away from our landfills and groundwater, but also reclaim deposits of gold, silver, platinum, palladium, lithium and more”
E-waste consists of unwanted, obsolete or broken computers and other electronic devices that are tossed out by consumers. Canada is one of the world’s top producers of e-waste, an estimated 272,000 tons of electronic waste to the dump every year. As demand for iPads, electric cars and other new technologies explodes around the world, the prices for the minerals used to manufacture old, unwanted electronics is becoming more and more valuable, and GTSO is working to capitalize on this new resource.
“By recycling e-waste, we can not only keep toxic materials away from our landfills and groundwater, but also reclaim deposits of gold, silver, platinum, palladium, lithium and more,” said GTSO CEO Paul Watson. “Canada is a major area of interest for our company right now due to both the lithium projects underway there as well as its underserved urban mining potential.”
Source: Business Wire