GTSO Eyes Billions in S. Korean Rare Earth Earmarks

Green Technology Solutions, Inc. (OTCBB:GTSO) is positioning itself to capitalize on $7 billion earmarked by South Korean companies for overseas resources development projects this year.

The $7 billion represents a 222-percent increase over the $2.2 billion spent by South Korean companies last year, according to a report by the South Korean Ministry of Knowledge Economy. The report is based on a survey of 25 South Korean companies involved in resources development operations.

According to the report, the massive increase in development funding is intended to help better insulate South Korea from sudden international price hikes. State-run corporations including Korea Resources Corp. and Korea Electric Power Corp. plan to spend around $2.58 billion to acquire rare earth metals and other foreign resources. The spending is a result of price fluctuations in the last three years that have begun to negatively affect business operations.

Rare earths are critical to the construction of a wide range of electronic products from iPads to electric car motors and are a crucial component in the weapons manufacturing industry. Currently, China controls more than 90 percent of the rare earths market, making South Korea and its allies totally reliant on the communist nation for the production of clean energy and military technology.

“With China slowing down its new rare-earth mining development, nations such as the U.S., Japan and South Korea are beginning to feel the pinch,” said GTSO President and CEO John Shearer. “By investing in the development of mining claims and operations in the country of Mongolia, we plan to capitalize on these market dynamics and help corporate and government interests in Korea and elsewhere get the materials they need.”

GTSO announced earlier this week that it has entered into a joint venture agreement with Rare Earth Exporters of Mongolia (REE) in order to procure rare-earth mining claims and operations in the developing Asian nation. The joint venture plans to convey Mongolian mining products overland to railway for transport to the seaport of Vladivostok, Russia, in order to avoid shipping through China. Destination ports for these mining products are set to include the U.S., Japan and South Korea.

Green Technology Solutions commercializes clean and renewable mining technology and products in a sector that includes Molycorp, Inc. (NYSE: MCP), Avalon Rare Metals, Inc. (AMEX: AVP), Hyundai Motor Corp. (LSE: HYUD) and Boeing Company (NYSE:BO).

For investment information, please visit www.RareEarthExporters.com.

About Green Technology Solutions, Inc.

Green Technology Solutions, Inc. (GTSO) is an OTCQB publicly traded company. OTCQB is the middle tier of the OTC market. OTCQB companies report to the SEC or a U.S. banking regulator, making it easy for investors to identify companies that are current in their reporting obligations. GTSO acquires, develops and implements the newest clean mining technology to enable our partner clients to expand operations throughout the world. Environmental restrictions represent the largest restriction to mining industry growth and operations. GTSO focuses on overcoming these environmental restrictions with brilliant cutting-edge clean mining technology.

For more information, please visit http://www.GreenTech-Solutions.com.

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