RENO, Nev., Jan. 15, 2019 (GLOBE NEWSWIRE) -- Itronics Inc. (OTC:ITRO), a “Creative Green Technology Company” that produces GOLD’n GRO fertilizers and silver products, today announced that it has started research and development to recover tin and copper from the silver bullion being produced by its “Breakthrough Technology” Printed Circuit Board Refining Pilot Plant. Tin was on the list of 35 minerals deemed critical to the U.S. National Security and the Economy published by the U.S. Department of Interior on May 18, 2018.
Itronics President, Dr. John Whitney stated, “Our recovery of all of the tin contained on the circuit boards positions the Company to be a world leader in tin recovery from discarded printed circuit boards, a technology advancement of global importance. It also positions Itronics to be the first domestic printed circuit board refiner to recover tin and antimony, making Itronics an emerging domestic “critical minerals” producer.
Itronics had previously announced that its technology recovers all the copper, tin, silver, gold, and palladium (palladium is a Platinum Group Metal, PGM) carried on the discarded circuit boards being refined. The technology also recovers all the antimony, which is a fire-retardant mineral that is used to make the circuit boards fireproof. These metals are contained in the Company’s silver bullion which is sold to a finish refiner for separation and sale.
Itronics has performed laboratory testing which indicates that the copper and tin may be separated from the other metals contained in the bullion. The Company will pursue development of this new metal separation technology. The long-term plan is to become a producer of high purity metals, including the strategic metals tin and antimony, using the Company’s hydrometallurgy and pyrometallurgy technologies. Itronics would benefit if the U.S. decides to provide incentives to increase domestic production of “critical minerals,” including tin, antimony, and palladium.
According to the U.S. Department of Interior, there is no mine production of tin in the United States. All the new tin that is required by the U.S. economy is imported. The most important foreign countries in order of importance that supply tin to the United States are Indonesia, Peru, Malaysia, Bolivia, and Brazil.
The list of critical minerals was published in response to a White House Executive Order issued on December 20, 2017 for the purpose of reducing the United States dependency on imports of critical minerals. Under the Executive Order, a “critical mineral” is defined as “a non-fuel mineral or mineral material that is essential to the economic and national security of the United States, that has a supply chain vulnerable to disruption, and that serves an essential function in the manufacturing of a product, the absence of which would have significant consequences for the economy or national security.”
Itronics is now operating its breakthrough printed circuit board refining technology, which refines circuit boards extracted from e-waste, on a pilot scale at its manufacturing plant in Reno, Nevada. The circuit boards are converted into energy which is used in the refining process, and silver bullion and silver-bearing glass which are sold, thereby eliminating the waste from the environment.
Itronics has pioneered the development of “Zero Waste” material recovery technology that converts liquid photochemical waste into silver bullion and a “non-nutrient metal free” liquid ingredient used to manufacture the line of high quality GOLD’n GRO liquid fertilizers. Dr. Whitney said: “Itronics is now pioneering and has achieved operational proof of concept for its second ‘Zero Waste’ material recovery technology, the breakthrough printed circuit board refining technology which is now being operated at a pilot scale.”
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. Due to expanded retail customer interest, GOLD'n GRO fertilizer may now be purchased in Reno, Nevada at the "Buy Nevada First Gift Shop" at 4001 S. Virginia St.
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("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
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