Green technology recycler Itronics Inc., Reno, said on July 16 it has exercised its option (GM May 4, 2018) to purchase a manufacturing facility at Wabuska, Nev., for a purchase price of $1.6 million. It said this is a strategic site for the expansion of Itronics Gold’n Gro fertilizer manufacturing and for developing its portfolio of “Zero Waste Technologies.” Itronics’ plan is to develop this site as a green technology campus. The company converts 100 percent of the spent photoliquids into liquid fertilizers, silver bullion, and silver-bearing glass.
“The Wabuska site is configured and zoned for uses that are a perfect fit for expansion of Itronics Gold’n Gro fertilizer manufacturing and for its breakthrough ‘Zero Waste’ technologies,” said Dr. John Whitney, Itronics President. “We are pleased that the seller has worked with Itronics to make this purchase possible. We are also excited to be able to expand our ‘Greentech Zero Waste’ technology operations at a geographically strategic location in northern Nevada.”
Itronics said the site is zoned for fertilizer manufacturing, chemical manufacturing, and foundry operations. Special use permits will be required for specific operations. The facility is on 48 acres and has five buildings with 60,000 square feet under roof, with a $9 million replacement value on the existing structures. It also has four dry product silos and four vertical liquid tanks, and is adjacent to a rail siding.
Itronics said access to rail service is expected to make its fertilizers cost competitive nationally in bulk. The company believes that lowered shipping costs with rail delivery capabilities can make it possible to acquire a meaningful national market share in zinc and other micronutrient fertilizers. It said the facility will also make it possible to expand into international markets.
The site is located about 75 miles southeast of Reno and is about 12 miles north of Yerington, Nev., on the north side of the Yerington copper mining district, with its large undeveloped copper deposits. It is about 15 miles east of the company’s own Fulstone polymetallic gold exploration property (GM Feb. 9, 2015).
The purchase also includes approximately 9 acre-feet of water rights. There is one water well on the site along with a lined fresh water pond, and a lined process water pond for which the permits are active and are being acquired as part of the purchase. Site infrastructure includes electric power and natural gas.