Green Technology Solutions (News 
- Alert), Inc, invited multiple inquiries from interested rare earths buyers and traders at this week’s 2011 International Rare Earth Summit held in Hanzhou, China.
The three-day Summit is organized by the industry journal Asian Metals, and brings together major international consumers, commodities traders and mining groups to join heads for the development of the global rare earths industry.
In a release, Green Technology Solutions, Inc., President and CEO John Shearer said that “This week at the summit we’ve received an extraordinary number of inquiries into when our rare earths will be available. Elements such as Lanthanum, Cerium and Neodymium are in incredible demand for use in applications such as hybrid vehicles, wind turbines, and catalytic cracking units. We are tremendously excited about the large number of business contacts we have forged this week and look forward to supplying these potential buyers with rare earths as rapidly as we can.”
GTSO has been focusing its efforts on reducing the risk of rare earth supply shortages in the U.S. and among its allies. The company has forged a global joint venture and profit alliance to further new rare earth deposits in Mongolia and the Republic of Congo. The alliance will help secure critical supplies and elements for technology manufacturers in South Korea, Japan and the U.S.
John Shearer further explained that “South Korea is a close ally of the U.S., and a reliable supply of rare earths is critical to that nation’s economy and security. Our upcoming shipment of Mongolian rare earth ore will be a first step toward establishing a regular transportation route, and we plan to waste very little time in its completion.”
GTSO has been working with an American-based firm to reign in variables which could interfere with the initial delivery of shipment of rare earth ore to South Korea.
The threat in the reduction of supplies of precious elements mined from the earth’s crust known as “rare earths have impacted the military and economic future of the U.S. and its allies. These rare elements come mostly from some of the most environmentally damaging mines in the world. Green Technology Solutions, Inc. has been providing clean mining solutions in the acquisition of rare earths with cutting-edge clean mining techniques and strategies capable of producing business leads from around the globe.
Calvin Azuri is a contributing editor for TMCnet. To read more of Calvin’s articles, please visit his columnist page.Edited by
Rich Steeves
