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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: 11/07/2017

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

Breakthrough "Zero Waste" Process Extracts Gold, Silver, Palladium, Tin, and Copper, from Computer Circuit Boards, Pilot Scale Production Being Expanded

RENO, Nev., Nov. 07, 2017 (GLOBE NEWSWIRE) -- Itronics Inc. (OTC:ITRO), a diversified zinc fertilizer and silver producing green technology development Company, today announced it is continuing to expand silver bullion production using e-scrap (ground up computer circuit boards) as a "cost reducing" precious metal bearing raw material. Per melt silver bullion production has been increased by 24 percent due to process improvements that have been made since May, and is on track to increase another 11 percent for a total of 35 percent by year end.

The Company is now conducting a third refining campaign to produce its third silver bullion shipment this year. This bullion shipment is expected to be settled in the first quarter of 2018. The pilot scale refining is on-going and is now regularly producing silver bullion and silver-bearing glass, which are being sold. This production is non-seasonal and will stabilize Itronics' sales as production expands.

Itronics has also made a shipment of silver-bearing matte and a second shipment of silver-bearing glass to its refiner this quarter. The matte shipment is expected to settle before the end of the year. The glass shipment is expected to be settled either just before Christmas or early in January 2018. These shipments are from inventory generated during prior years by test refining to develop the breakthrough refining process. Sales generated by the shipments that are settled in the fourth quarter will be reported as part of fourth quarter sales and will significantly contribute to continued expansion of silver sales which has been underway this year.

Improvements to the refining operation are being made to further increase per melt production from the furnaces by another 11 percent for a total of 35 percent in the fourth quarter. Plans are being implemented to further expand per melt production by an additional 40 percent in the second quarter 2018 by adding an e-scrap grinder to the operation. The Company believes that further production expansion using the existing furnaces will be achievable as more operating experience is gained.

In 2017 the prices of copper, zinc, silver, gold, and palladium have increased sharply, in some cases, to multi-year highs. Many forecasters are predicting that gold and silver prices will significantly increase from current levels. Copper and tin are at multi-year highs. Itronics is now positioned to benefit significantly as production is expanded and these metal prices continue to increase.

Itronics is aggressively advancing development of its sustainability maximizing portfolio of new "Zero Waste" technologies whose objective is to create new non-seasonal lines of business using the Company's core technologies. The focus of the hydromet and pyromet technology extensions is on expanding pilot scale refining of materials that contain silver and other precious metals, along with zinc and other base metals. Development of the KAM-Thio cyanide remediation and silver/gold recovery technology is underway and is progressing rapidly.

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 and by doing this maximize 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/s/ref=nb_sb_noss_2?url=search-alias%3Daps&field-keywords=GOLD%27n+GRO. 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.

Follow Itronics on Facebook: https://www.facebook.com/itronicsinc

Follow Itronics on Twitter: https://twitter.com/itronicsinc

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.)

Contact:
Paul Knopick
888-795-6336

 
 

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Recent News (archives)

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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