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Itronics Inc. - A cleantech Specialty Fertilizer, Silver and Mineral Producer  


6490 S. McCarran Blvd
Bldg. C, Suite 23
Reno, NV 89510


Press Release Archives: 01/04/2018

Gold In E-waste Valued at $22 Billion Thrown Away In 2016, New Study Shows

Itronics’ Breakthrough E-Waste Recycling Technology Recovers All of the Gold from Circuit Boards in E-Waste

RENO, Nev., Jan. 04, 2018 (GLOBE NEWSWIRE) -- Itronics Inc. (OTC:ITRO) a diversified producer of GOLD’n GRO zinc fertilizers and silver products and a green technology development Company, today reported that a newly released study shows that $22 billion of gold (500 metric tonnes or 16 million troy ounces) was thrown away worldwide in electronics' waste in 2016.

The joint study entitled: “The Global E-Waste Monitor 2017” was released by the U.N. University (UNU), the International Telecommunication Union, and the International Solid Waste Association. The gold is in the electronic circuitry in e-waste which is defined in the report as anything that has a plug or battery.

According to the World Gold Council 146.9 million troy ounces of gold (4,571 metric tons) were produced worldwide in 2016. About 70 percent or 104 million ounces were mined, and about 30 percent or 42 million ounces were recycled. In 2016 the amount of gold thrown away in e-waste worldwide was equal to 15 percent of world mine production, a very significant amount of loss.

The report also notes that 51 million troy ounces of silver (1,600 metric tonnes) valued at about $1 billon is also thrown away in the e-waste. Vast amounts of other valuable metals including copper, tin, and palladium are also in the e-waste that is thrown away. The report estimates that 45 million metric tons of e-waste were generated worldwide in 2016.

Itronics’ President Dr. John Whitney stated: "These e-waste scrap statistics including the amount of gold and other valuable metals lost worldwide are staggering. They demonstrate that the market our breakthrough e-waste recycling technology is targeting is very large and growing on a worldwide scale. We not only recover the gold and silver, but the other valuable metals, such as copper, tin and palladium."

Itronics is now operating its breakthrough e-scrap refining technology, which processes computer circuit boards extracted from e-waste, at its manufacturing plant in Reno, Nevada. The circuit boards are converted into silver bullion and silver-bearing glass which are sold, completely eliminating the waste from the environment by converting it to commercial products. The Company plans to expand the refining capacity in stages over the next 3 years to a much larger scale. Longer term, the Company plans to build an even larger e-scrap refining facility at a separate location in northern Nevada which will service the United States market.

Itronics has pioneered the development of value-added hazardous waste recycling that converts demetallized liquid photochemical waste into silver bullion and a liquid ingredient used to manufacture the line of high quality GOLD’n GRO liquid fertilizers, said Dr. Whitney. “Itronics is now pioneering and has achieved operational proof of concept for its second 'Zero Waste' technology, the breakthrough e-scrap refining technology."

About Itronics
Headquartered in Reno, Nevada, Itronics Inc. is a “Creative Green Technology” Company which produces GOLD’n GRO specialty liquid fertilizers, silver bullion, and silver-bearing glass. The Company’s goal is to achieve profitable green technology driven organic growth in specialty GOLD’n GRO fertilizers, silver, zinc, and minerals. The Company’s technologies maximize the recovery and uses of metals and minerals by completely converting waste to products, and this maximizes sustainability.

Through its subsidiary, Itronics Metallurgical, Inc., Itronics is the only company with a fully permitted “Beneficial Use Photochemical, Silver, and Water Recycling” plant in the United States that converts 100 percent of the spent photoliquids into GOLD’n GRO liquid fertilizers, silver bullion, and silver bearing glass. This is internationally recognized award winning “Zero Waste” Technology. The Company is developing a portfolio of environmentally beneficial “Zero Waste” processing and mining technologies. Itronics has received numerous domestic and international awards that recognize its ability to successfully use chemical science and engineering to create and implement new environmentally green recycling and fertilizer technologies.

The Company’s environmentally friendly award winning GOLD’n GRO liquid fertilizers, which are extensively used in agriculture, can be used for lawns and houseplants, and are available at the Company's "e-store" on Amazon.Com at: https://www.amazon.com/Goldn-Gro/s?ie=UTF8&page=1&rh=i%3Aaps%2Ck%3AGold%27n%20Gro. Due to expanded retail customer interest, GOLD’n GRO fertilizer may now be purchased in Reno, Nevada at “Buy Nevada First Gift Shop," 4001 S. Virginia St.

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VISIT OUR WEB SITE: http://www.itronics.com

("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)

Paul Knopick
888.795.6336

 
 

Itronics Companies (click icons)


Recent News (archives)

09/20/18 - Itronics President Dr. John Whitney Guest Speaker at Prestigious Resource Recovery Conference; Discusses Itronics’ Breakthrough “Zero Waste” Technologies

09/11/18 - Itronics’ Breakthrough Technology to Clean Cyanide out of Leached Mining Materials and to Extract Silver, Gold and Other Valuable Metals is Detailed

09/06/18 - Mineral extraction pioneer rethinks metallurgy

09/06/18 - Itronics Takes Delivery of Centrifuge to Eliminate Bottleneck in its Hydromet Processes

08/30/18 - Itronics Begins KAM-Thio Tests to Recover Silver and Gold From High Grade Mineralized Rock

08/21/18 - Itronics E-Scrap Circuit Board Supplier, New2U Computers, Receives “Responsible Recycling” R2:2013 Certification

08/08/18 - “Imagine a World Without Waste” Dr. John Whitney, CEO, Itronics Inc. Is Doing Just That

07/17/18 - Itronics to Begin Testing of Centrifuge Technology for Its Hydromet Processes

07/10/18 - Itronics Increases Silver Content of Its Bullion by 50 Percent

06/19/18 - Itronics New E-Scrap Grinder Increases Furnace “per Melt” Yield by More Than 50 Percent

06/12/18 - Itronics President, Dr. Whitney, Invited Guest at Comstock Mining Annual Meeting of Stockholders

06/05/18 - Itronics Reports 2018 First Quarter Total Revenues and Provides Updates on Current Operations and Growth Projects

05/10/18 - Itronics Shares KOLO-TV News Story- MoneyTV with Donald Baillargeon

05/03/18 - Itronics Announces: Positive Results From KAM-Thio Tests With Comstock Mining to Recover Silver, Gold While Neutralizing Cyanide

05/01/18 - Itronics Announces Exclusive Option to Purchase 48 Acre, 54,000 Square Foot Manufacturing Facility

04/17/18 - Itronics’ Breakthrough Technology to Extract Gold, Silver, Palladium, Copper and Tin From Computer Wastes Proving Out in Tests

04/03/18 - Itronics Increased E-Scrap Grinding Capacity Will Impact Revenue

03/27/18 - Itronics Takes Delivery of Commercial Scale Grinder to Increase E-Scrap Grinding Capacity

01/23/18 - Itronics Reports 78 Percent Sales Increase in Fourth Quarter and a 29 Percent Increase for 2017

01/11/18 - Itronics Selected as One of 10 Most Sustainable, Green/Earth Friendly Businesses in Northern Nevada

01/04/18 - Gold In E-waste Valued at $22 Billion Thrown Away In 2016, New Study Shows

12/14/17 - Itronics Reports Positive Results From KAM-Thio Tests to Recover Silver, Gold and Neutralize Cyanide From Leached Mine Tailings

11/30/17 - Itronics Purchases Commercial Scale Grinder to Increase E-Scrap Grinding Capacity

11/07/17 - Itronics Increases Per Melt Silver Bullion Production by 24 Percent Using E-Scrap as a Refining Melt Ingredient

10/26/17 - Itronics Reports 2017 Nine Month Sales Increase Of 19 Percent; Updates Operations Expansion And Diversification Progress

10/03/17 - Itronics President Dr. John Whitney to Attend Worcester Polytechnic Institute Center for Resource Recovery and Recycling Fall Meeting; Key Recycling Leaders Worldwide

09/14/17 - Itronics President Dr. John Whitney to Speak About Breakthrough E-Scrap Refining Technology at Prestigious Resource Recovery Conference

09/06/17 - Itronics Reports 2017 First Half Revenue Increase of 28 Percent; Operations, Expansion and Diversification Updated

08/30/17 - Itronics Updates Its Fulstone Gold, Zinc, Silver, Lead, Copper, And Molybdenum Exploration Project

08/15/17 - Itronics Ships Silver-Copper Bearing Glass Produced by Its Breakthrough Technology in E-Scrap Refining

08/08/17 - Itronics Begins Tests to Recover Silver and Gold From Leached Mine Tailings and From Virgin Ore Using Its KAM-Thio Technology

07/20/17 - Itronics Reports 2017 First Quarter Total Revenues and Updates Operations Expansion and Diversification Progress

07/11/17 - Itronics GOLD'n GRO Fertilizer Sales up 35 Percent in Second Quarter

06/22/17 - Itronics GOLD’n GRO Fertlizer Sales Up 23 percent in January-May 2017

06/20/17 - Dr. John Whitney, Itronics President, To Speak at Colorado School of Mines on Recycling Metals from Industrial Waste

06/06/17 - KOLO8 NEWS - Made in Nevada: Itronics

05/26/17 - Itronics Recycling Computer Boards- MoneyTV with Donald Baillargeon

05/23/17 - Itronics Expands Silver Bullion Production Using E-scrap

05/02/17 - Itronics Updates Breakthrough E-Scrap Recycling Progress

03/30/17 - Itronics Reports 2016 Sales and Updates Operations Expansion and Diversification Progress

03/16/17 - Itronics Announces Stable, Long Term Storage Breakthrough for GOLD'n GRO Micronutrient Fertilizers

03/14/17 - Itronics' Early 2017 GOLD'n GRO Fertilizer Orders up 54 Percent

03/12/17 - MoneyTV with Donald Baillargeon - John Whitney, Ph.D., CEO

01/17/17 - Itronics Ships Silver Bullion Produced by "Break-Through" Technology in E-Scrap Refining

12/13/16 - Itronics Reports 2016 Third Quarter Sales up 13 Percent

11/15/16 - Itronics Develops Breakthrough Technology That Separates Copper and Silver Recovered by New E-Waste Refining Process

11/07/16 - Reno-based Itronics scales up leach reactor plant

11/07/16 - Itronics completes installation of scale-up of its Pilot Leach plant

11/01/16 - Itronics Completes Installation of a Five Times Scale up of Its Pilot Leach Plant

10/24/16 - Itronics Third Quarter 2016 GOLD'n GRO Fertilizer Sales up 17 Percent

09/15/16 - Itronics July-August 2016 GOLD'n GRO Fertilizer Sales Up 62 Percent

09/13/16 - Itronics Reports 2016 First Half Total Revenues and Updates Operations Expansion and Diversification Progress

08/09/16 - Itronics Completing Five Times Scale Up of Its Pilot Plant, Producing Silver Concentrates for Refining and Raw Materials for GOLD'n GRO Fertilizer

08/02/16 - Itronics Now Producing Elemental Sulfur, a New Product

07/26/16 - Rising Metals Values Pull Minerals Producer Into E-Scrap Refining

07/21/16 - Silver lining > Dr. John Whitney is the inventor of a fertilizer made from recycled materials

07/15/16 - Itronics Starts Silver Refining Campaign to Measure Recovery of Gold and Palladium From E-Scrap

07/08/16 - Upticknewswire - Itronics Inc. John W. Whitney

07/08/16 - Investor Town Hall - Itronics, Inc - CEO Dr. John A. Whitney

07/07/16 - Itronics Publishes 2016 Corporate Profile

06/14/16 - Itronics Completes E-Waste Grinder Installation; E-Waste Can Be Profitable Venture

06/10/16 - Dr. John W. Whitney on MoneyTV with Donald Baillargeon

05/20/16 -  WallStreet Research Featured Company: Itronics Inc.

04/28/16 - Dr. John W. Whitney on MoneyTV with Donald Baillargeon

04/19/16 - Itronics Reports 2016 First Quarter Total Revenues and Updates Operations Expansion and Diversification Progress

04/07/16 - Itronics updates operation results, reports 2015 sales (Reno Gazette-Journal)

03/31/16 - Dr. John W. Whitney on MoneyTV with Donald Baillargeon

01/20/16 - Itronics Updates Operation Results and Reports Full Year 2015 Sales

01/07/16 - Itronics' 2015 Fourth Quarter GOLD'n GRO Fertilizer Sales Increased 26 Percent; Full Year Fertilizer Sales up

12/08/15 - Itronics Obtains Funding for Installation and Start up of a New Leach Reactor System

11/19/15 - Itronics Updates Operation Results; Reports Nine Month 2015 Sales

11/12/15 - Itronics Completes Installation and Start Up of New Glass Slag Crusher and Crushed Glass Screening Machine in Its Silver Refinery

10/29/15 - Itronics Reports First Nine Months 2015 GOLD'n GRO Fertilizer Sales Volume Increase; Revenues Down Slightly

10/27/15 - Itronics Wins Manufacturing Excellence Award

10/06/15 - Itronics Ships First Silver Produced by Its New Refining Technology



 

 


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