GTSO President to Participate in International Rare Earth Summit in China

Green Technology Solutions, Inc. (OTCQB:GTSO) President and CEO John Shearer will travel to Hanzhou, China, next week to participate in the International Rare Earth Summit 2011.

The summit, organized by industry journal Asian Metals, will be held from May 16-18. The conference will bring together major international consumers, commodities traders and mining groups with Chinese suppliers and producers to discuss the immediate future of the global rare earths industry.

Of particular interest, Shearer said, will be industry interpretation of China’s recent rare earths policy changes and forecasting the emerging superpower’s future production plans.

"World prices have doubled for many rare earth elements in recent months, and that is largely due to the actions of the Chinese government,” Shearer said. "It seems clear that China will continue to raise taxes and lower export quotas on rare earths, but I’m hopeful that this conference will give our company a better understanding of China’s aims for the rare earths industry and how the rest of the world can continue to adapt to reductions in Chinese output.”

Today, China accounts for more than 95 percent of global rare earth production. Environmental concerns and shifting economic strategy, however, led the emerging Asian superpower to cut its rare element production by 35 percent in the first half of 2011. This cutback sent rare earths prices skyrocketing and exposed the U.S.’s dependence on China for its rare earth supply. Demand has risen sharply for the rare elements recently due to their use in emerging green technologies such as hybrid cars, wind turbines and solar panels. With demand sure to increase in the future, the development of new sources of rare earths outside of China could prove crucial for the U.S. and its allies to avoid supply shortages and remain competitive in the race to create the latest green technology innovations.

GTSO signed deals in recent months to help develop new rare earth deposits in Mongolia and the Republic of Congo in order to secure critical supplies for technology manufacturers in South Korea, Japan and the U.S. Last week, the company also announced the formation of a global strategic profit alliance with the Beijing Bullion Transfer Group (BBTG), signaling an expansion in the company’s mining strategy to include gold and other precious metals.

For more information on Green Technology Solutions plans to mine and export rare earths around the world, please visit http://www.rareearthexporters.com.

Green Technology Solutions commercializes clean and renewable mining technology and products in a sector that includes General Moly, Inc. (AMEX:GMO), MV Rare Earth/Strategic Metals (NYSEArca:REMX), Silver Wheaton Corp. (NYSE:SLW) and Rare Element Resources Ltd. (AMEX:REE).

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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