Miami, FL–(EmergingGrowth.com NewsWire – May 27, 2020) – EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Itronics Inc. (OTC: ITRO).
Itronics Inc., (OTC: ITRO) is an emerging, fully integrated cleantech materials growth company. Itronics sets itself apart from other companies because it recovers nutrient materials (fertilizer ingredients) and non-nutrient metals (precious metals and base-metals) from industrial waste streams. Utilizing industrial waste streams, the company;
- Produces the specialty fertilizer GOLD’n GRO, a Multinutrient liquid fertilizer
- Produces silver bullion, then uses it for furnace refining of discarded printed circuit boards
- Is developing Rock Kleen, a breakthrough technology to recover a diverse group of metals and minerals (gold, silver, palladium, tin, copper) by processing silver/gold mine tailings and copper mine tailings
Of these 3 areas, we will look at fertilizer; the industry, a few of its biggest players and Itronics market potential in the industry.
Global Fertilizer Market & Players
As of 2019, the global fertilizer market was valued at $166 billion and has a projected CAGR of 3.8% through 2025. The global fertilizer market is massive, highly consolidated and has high barriers-to-entry. Some of the industry giants include;
- Israel Chemicals Ltd (NYSE: ICL) specialty agricultural and industrial chemicals, phosphate and potash fertilizers
- Nutrien Ltd. (NYSE: NTR) nitrogen and potash fertilizers and agriculture retail
- Sociedad Quimica Y Mineral de Chile (NYSE: SQM) specialty fertilizers, potassium nitrate, lithium and iodine.
- The Mosaic Company (NYSE: MOS) phosphate and potash fertilizers.
Itronics Market Position
Of the four fertilizer companies listed above, SQM can be viewed as a model for Itronics future. SQM produces specialty fertilizers (like Itronics) and is one of the world’s largest producers of potassium nitrate, a specialty fertilizer, and one of the world’s biggest producers of lithium and iodine. In terms of support and distribution, Nutrien is the exclusive distributor for GOLD’n GRO Multi-nutrient fertilizers in the western United States (mostly California) and the largest fully integrated fertilizer company in the world.
Itronics Growth Potential
In terms of growth potential, there are several key market factors (negative factors), that Itronics is poised to address and capitalize on.
A 2019 industry report showed that while the global population continues to rapidly increase, arable land has decreased by 1.5% since 1970. Given this spatially limiting reality, additional stress is put on arable land to produce more and more. The report also acknowledged that environmental constraints and high production costs are likely to be barriers-to-entry. Here, Itronics is able to remove these obstacles because, 1) its waste stream processes are not just profitable and environmentally friendly; they actually improve the environment in a sustainable way, and 2) in 2016, Itronics won an award from NV Energy, a Nevada public power company, for reducing furnace power consumption by some 50 percent; this is but one Itronics refinement that moves to combat high production costs. Since the year 2000, Itronics has gained international recognition for its zero waste recycling programs; to date, Itronics has received the Kirkpatrick award, the IChemE award, the Green Apple award and the Green Hero award, among others.
So what can be done? Are there solutions to these largely unaddressed problems? In a perfect world the available arable land would be used to its fullest potential (increased crop yield/quality) by utilizing technologically advanced, specialty fertilizers, in a sustainable way.
Cue the Itronics family of GOLD’n GRO Multi-nutrient liquid fertilizers, which include a line-up of Micronutrient liquid fertilizers.
In short, the Itronics family of Multi-nutrient liquid fertilizers represent just one spoke in a collective wheel that embodies a fully integrated chain of zero waste energy saving technologies (also circuit board refining and tailings processing) that result in 100 percent beneficial use of a given material which allows for sustainable environmental improvement.
This is Itronics Inc.
This is the Power of Zero.
Headquartered in Reno, Nevada, Itronics Inc. is an emerging Cleantech Growth Company that uses proprietary multi-nutrient fertilizer manufacturing technologies to produce GOLD’n GRO multi-nutrient fertilizers and breakthrough Zero Waste Technologies to recover fertilizer ingredients, silver bullion, and silver-bearing glass from waste streams that contain silver, gold, copper, zinc, tin, and other metals. 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.
Fertilizer Market – Share, growth, trends, and forecast (2020-2025) – https://www.mordorintelligence.com/industry-reports/fertilizers-market
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