GTSO and Chilerecicla are confident the shipment provides proof of concept and is the prelude to future e-waste transactions with this and other European smelters.
“It is exciting to literally strike gold in our first business transaction with this smelter,” GTSO CEO Paul Watson said. “We expect this transaction to be a springboard to future business dealings with this and other overseas smelters.”
Urban mining is pivotal to GTSO’s vision to compete alongside major international corporations striving for sustainable waste solutions, such as Covanta Holding Corporation CVAhttp://finance.yahoo.com/q?s=CVA , Industrial Services of America IDSAhttp://finance.yahoo.com/q?s=IDSAand Sims Metal Management Ltd.http://www.google.com/finance?q=asx:sgm . In 2012, 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.