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Creative Recycling Enters Joint Venture to Form GreenRock Rare Earth Recovery Corporation

TAMPA, Fla. Feb. 16, 2011 China China

Using Creative Recycling’s state-of-the-art processing and separation technology, along with their extensive collection network, GreenRock will capture rare earth elements from components found in obsolete and end-of-life electronics. CRS’ experience and expertise in the recycling and material separation of consumer electronics is central to the recent joint venture. By the end of 2011, CRS will have four industry-leading processing facilities with the capacity to process 500 million pounds of electronics annually.

"The dwindling supply of rare earth elements is an issue of the utmost importance," commented Jon Yob, CEO and President of Creative Recycling. "We are uniquely positioned to capture and facilitate the recycling of these finite elements in a truly closed loop process."  

About GreenRock Rare Earth Recovery Corporation

GreenRock’s mission is to facilitate corporate partnerships and joint ventures between stakeholders that add value in the recovery and recycling of rare earth elements. The mining of rare earth elements is not only costly, but damaging to the environment. Used today in a vast spectrum of products and technologies, these 17 finite elements that make up the rare earths are also being used to create greener and more sustainable technologies for the future.

Media Contact:

Brian Diesselhorst

(813) 451-2519

[email protected]

Press Release Distribution

SOURCE Creative Recycling Systems, Inc.

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