- Business
- International Zeolite Corp. (TSX-V: IZ) engages in the exploration, development, mining, production, marketing, and distribution of natural zeolite and zeolite-infused products targeting agriculture, industrial, environmental, and consumer applications. The company offers core products and services including NEREA®, a proprietary controlled-release crop nutrient and nutrient delivery system that accelerates plant growth, reduces fertilizer use by up to 90%, and boosts crop yields by 33-50% compared to standard mixes; ecoTraction, a non-corrosive, all-natural ice and snow traction control agent; Z-Lite Feed Additive Premium Clinoptilolite, a premium formula for animal feed serving as a natural anti-caking and flowing agent suitable for poultry, equine, cattle, swine, and other livestock; Activated Barn Sense, a zeolite-based odor and ammonia control additive for livestock bedding containing heulandite-clinoptilolite and citric acid; The Green Patch, a natural zeolite soil conditioner that promotes root growth, retains moisture and nutrients, and improves aeration for hydroponics, field crops, lawns, and gardens; and raw zeolite materials sourced from third-party suppliers in various grain and powder sizes for filtration and other uses. International Zeolite operates through two segments: Exploration and Development, encompassing its wholly-owned Bromley Creek zeolite project near Princeton, British Columbia (640 hectares) following the termination of the Sun Group option, and Retail and Commercial Sales. Incorporated in 1987 and headquartered at 1021 West Hastings Street in Vancouver, British Columbia, Canada, the company maintains production facilities including its first plant in Ontario, Canada, and pursues international marketing as a green technology provider.
In June 2024, International Zeolite entered an amended and restated Mining Operations and Option Agreement with Progressive Planet, under which Progressive Planet continues quarterly payments of $31,000 toward a 31% interest in the Bromley Creek Mine while relinquishing its Sun Group claims option to consolidate ownership at Bromley Creek, with both parties committing to joint sales strategies. Earlier developments include validation testing and commercialization acceleration for NEREA® supported by partnerships with Niagara College, Vineland Research Centre, and a strategic $2 million investment from CoTec Holdings in late 2022. The company also launched its Ontario production plant, secured recognition from the Province of Ontario's Fertilizer Accelerating Solutions and Technology Challenge, and granted stock options to directors amid board changes, including the October 2024 resignation of Mark Pearlman.