ITRO Quote | Chart | News

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


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


Strategic Overview

The Company

Itronics Inc. is the world's only fully integrated photochemical recycling company. It provides photochemical waste collection services, recovers and refines silver from the photochemicals, manufactures and blends liquid fertilizers - GOLD'n GRO from the processed residual, and sells and distributes a line of liquid fertilizers developed for specific applications, such as golf and lawn turf maintenance programs, vegetables, wine grapes, citrus and evergreens.

The Vision

To become a multi-billion dollar corporation by utilizing its unique and proprietary technologies to become the world's leading recycler of used chemicals into the fertilizer and mining markets.

Current Status

Itronics is now expanding to commercial levels in photochemical recycling and fertilizer manufacturing and sales.

Global Issues

- Regulatory management of silver-bearing waste streams is required under U.S. Environmental Protection Agency RCRA regulations in which silver bearing waste is classified as a characteristic toxic waste with the waste code D-011. Used photographic liquids contain silver and are managed under these regulations. As receiving waters in communities throughout the United States are becoming more contaminated, the community treatment plants are being required to reduce the amount of metals, including silver, allowed to be disposed to sewer.

- Regulatory authorities are encouraging the development of recycling technologies that increase the amount of materials that are used beneficially, thereby reducing waste and benefiting the environment. This is a trend that is strengthening throughout the world as the cost of natural resources continues to increase.

- Metal economists are predicting that silver will be in short supply for years to come.

- Itronics proprietary technology recovers 99.997% of the silver contained in used photochemicals versus 90-95% for competitors.

- Federal regulations are mandating the establishment of "buy recycled" products throughout the United States.

- Itronics proprietary technology returns the demetallized photochemical to beneficial use in fertilizer.

- Competitors incinerate or landfill their partially desilvered chemicals.

- Globally the United States is preceding other countries in environmental regulation and management.

Market Issues

- Use of silver in 2006 was 840.5 million ounces worldwide, down slightly from the previous year. Photography accounted for 145.8 million ounces. Silver use in photographic film has been decreasing. Digital imaging is growing but will be supplemented by conventional photography well into the future. Photobyproduct manufacturers expect conventional photography to continue.

Silver Recycling

Environmental regulations provide guidelines for discharge of photochemical wastes into sanitary sewer systems and prohibit discharge directly into the environment without treatment. Silver recovery is encouraged by the regulations and there are specific provisions that provide for recycling.

Photochemical Use

Photochemicals are standardized throughout the world. There are market opportunities in every country that is large enough to provide a sufficient supply of used photochemicals, as the world population increases and the level of income in less developed countries improves, "rest of world" markets will continue to grow at above average rates.

Market for Used Photochemicals

There are two large potential markets for which products utilizing demetallized-reconditioned photochemicals can be developed. These include:

- Silver and gold extraction chemicals for mining:

- Fertilizer products: Itronics chose to develop fertilizers first because fertilizer development can be done on a smaller scale

Fertilizer Products

Itronics' proprietary technology, which totally removes silver from the waste stream and returns chemicals to beneficial use in fertilizer, provides a significant competitive edge. Itronics provides photobyproduct solution pick-up services from photochemical waste generators (hospitals, x-ray laboratories, photographic developers, and the like), special distillation equipment that reduces the volume of photowaste by 90%, and processing of the photochemicals to recover the silver and make the residual chemical solution into a liquid fertilizer with demonstrated superior properties. GOLD'n GRO fertilizer is certifiably free of hazardous heavy metal and stands out in its ability to meet new environmental regulations, such as California's Proposition 65.

United States Fertilizer Market

This market is mature, but in a long-term growth phase. The urban fertilizer market is growing rapidly. The total market for fertilizers in the United States exceeds $6 billion. The urban market is in the range of $1 billion and growing. A major segment of the urban market is golf courses. Many new golf courses are being built each year to satisfy the recreational demands of an aging US population. The golf course market is being targeted for Itronics' GOLD'n GRO fertilizers. Other high value markets such as ornamentals, professional specialty growers and wine grapes are being targeted.

Recent Developments

Itronics has spent more than a decade and $20 million perfecting its proprietary processes and obtaining the GOLD'n GROTM trademark for its fertilizers. Faced with high demand for its fertilizer and the ongoing production of photowaste, Itronics is in the process of changing from a small research and development firm into a large commercial processing and manufacturing company. Additionally, the application of Itronics' thiosulfate leaching technology to the mining sector represents a strong initiative by the company to diversify its proprietary process by applying it to various industries.

A number of important milestones have been accomplished, signifying completion of the development phase:

- In 2000 the company announced that its subsidiary, Itronics Metallurgical, Inc., successfully completed start-up operations at its new Nevada fertilizer plant, the first of its kind to be built anywhere in the world.

- The company announced that it has developed access to the photochemical waste necessary to operate its new liquid fertilizer factory at full capacity. This allows the company to focus on marketing its GOLD’n GRO tm line of multinutrient liquid fertilizer products to golf courses and growers of crops in California and the West.

- The company renewed its distribution contract with the largest fertilizer distributor in the Western US.

- Itronics identified an additional source of waste, similar to photowaste, which it may be able to recycle at its new Reno/Stead facility.

- The company initiated discussions with a major new potential customer that would provide more than 100,000 gallons of raw materials a month for the new facility.

- The company has successfully completed comparison field tests on numerous large acreage crops including tomatoes, wine grapes, silage corn, alfalfa, and cotton.

The company achieved a positive gross profit in the second quarter of 2003, the first ever:

- Sales up 25% for full year 2007 at 2.3 million.

- Positive gross profit for full year 2007.

- Expect sales to increase in 2008 to about $4 Million.

- Targeting a 35% gross margin with increase to 60% when Gold'nGro Guardian sales are established.

- Registering Gold'nGro Guardian, the deer repellant fertilizer in 2008.


 

 

Itronics Companies (click icons)


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



 

 


Home | About Us | Awards | Products & Services | Investor Center | Contact Us | Sitemap | Terms of Use  

 

Copyright © 2004-2016 Itronics Inc. All Rights Reserved.