According to Zeke Jaeger, Iceburst Stones are only found on Paradis Island. As a result, they are extremely rare and valuable. The people of Paradis are ignorant of how valuable the stones would be to the outside world. He claims that the mineral can make a struggling nation like Hizuru prosper.
The people of Hizuru were able to produce a flying boat by using the iceburst stone as fuel.