Green Technology Solutions has been eyeing big opportunities through its new e-waste partnership with Chilerecicla, a premier e-waste recycling company based in Chile. As its new partner begins shipping e-waste to European smelters, GTSO is exploring other uses of waste materials in the booming waste-to-energy marketplace.
Chilerecicla has already begun shipping materials to Umicore, a multinational smelter in Brussels, Belgium. Although this shipment is not part of the joint venture operations, the Umicore shipment allows the partner to optimize the supply chain process and further develop its relationship with Umicore.
“This kicks off our e-waste partnership with Chilerecicla,” Paul Watson, GTSO CEO, commented. “This shipment will prove the process to us and that the process works. Now that this operation is underway, we have begun to actively explore the other goldmine in e-waste minerals, which is waste to energy and waste to fuels.”
Navigant Research reports that the growing waste-to-energy market is expected to grow from its current size of $6.2 billion to $29.2 billion by 2022. With the partnership with Chilerecicla in full swing, GTSO is now free to probe the global opportunities waiting to be tapped in this ever-expanding market.
Alongside its efforts with Chilerecicla, GTSO also plans to focus on urban mining. This initiative is pivotal to GTSO’s vision to compete alongside major international corporations striving for sustainable waste solutions. Late last year, GTSO acquired the company Global Cell Buyers and soon after rebranded the company as Green Urban Mining to handle its domestic recycling and resale operations.
For more information on GTSO, please visit www.gtsoresources.com
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