- International Zeolite (IZ) will receive funding to lead commercialization projects to bring alternative fertilizer solutions to market
- These projects will address the dependency of Ontario agriculture on imported fertilizers, as well as provide alternatives to traditional fertilizers
- International Zeolite intends to use the awarded grant funds to continue commercializing its zeolite infused products through its production plant in Jordan, Ontario
- International Zeolite Corp. (IZ) opened trading at $0.10 per share
International Zeolite (IZ) will receive funding to lead commercialization projects to bring alternative fertilizer solutions to market.
These projects will address the dependency of Ontario agriculture on imported fertilizers, as well as provide alternatives to traditional fertilizers to ensure a continuous and cost-effective supply of fertilizer products to Canadian agriculture.
International Zeolite intends to use the awarded grant funds to continue commercializing its zeolite infused products through its production plant in Jordan, Ontario. The company stated that its produces can accelerate crop time, reduce up to 80 per cent of fertilizer needed to produce crops and significantly contribute to the reduction of green house gases.
“Our government will always do what it takes to support Ontario’s farmers, that’s why we developed the Fertilizer Challenge to help mitigate fertilizer supply chain issues,” said Minister of Agriculture, Food and Rural Affairs, Lisa Thompson.
Parliamentary Assistant to the Minister of Agriculture, Food and Rural Affairs and MPP for Elgin-Middlesex-London, Rob Flack added that the Fertilizer Challenge supports the manufacturing of Ontario made fertilizer options, alternatives, and technology for farmers.
“This will mean farmers will spend less on transportation and procurement costs for foreign fertilizers and can concentrate on what they do best – continuing to competitively grow the crops Ontarians rely on every day.”
International Zeolite Corp. (IZ) is a Canadian company that markets and supplies natural zeolite and zeolite-infused products. The company’s operating segments include the exploration and development segment; and the retail and commercial sales segment which is the key revenue driver.
International Zeolite Corp. (IZ) opened trading at $0.10 per share.
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