*$GCEI has locked feedstock from 2 of the largest US plastic and tire sources in the industry. The waste to fuels project will deconstruct both plastic and tires in two separate pyrolysis lines to create transportation fuel and carbon char and has confirmed off-take agreements for its byproducts.
Please get familiar with them-sent them before, but you should really click on the links GCEI DEALS W/ LIBERTY TIRE RECYCLING & SONOCO RECYCLING (FORTUNE 500 CO):
THE PGM DEAL ACQUISITION IS JUST ONE MORE THING THAT MAKES GCEI VERY UNDERVALUED AND WILL CREATE $20M+ IN ANNUAL REVENUES.
GCEI's PGM : The Platinum Group Metals includes platinum, palladium and rhodium which are widely used in industry, technology and vehicles globally. GCE expects to report revenues of approximately $20M per year.
The company will be a fully vertically integrated operation from procurement through smelting on route to recovering up to 99% of the precious metals found in end of life catalytic converters. The management team will be comprised of top executives from the 2 companies. The PGM market is robust. Leading PGM analysts expect annual palladium deficits of approximately 2 million ounces per year for the next three years. Palladium mine supply production this year will fall to its lowest level in nearly 20 years, while demand for the metal continues to grow, according to a December 1, Citigroup research report. On the demand side, analysts point to United States' demand, as well as China's drive to enforce auto emission Euro 5 standards and the burgeoning market in Brazil.
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