Comstock Inc. reports business developments tied to clean energy materials, solar recycling and critical metals recovery. The company commercializes technologies, systems and supply chains that extract and convert underutilized natural resources into reusable metals, including silver, aluminum, gold and other critical minerals, primarily from end-of-life photovoltaic materials.
Recurring Comstock news includes quarterly and annual results, Comstock Metals updates, renewable fuels activity, Nevada mining and mineral-property matters, strategic investments, capital and liquidity actions, board and governance changes, shareholder meetings and investor presentations. Company updates also address monetization of non-core assets and the commercialization of metals recovery processes.
Comstock (NYSE American: LODE) reported a third-quarter 2026 net loss of $0.8 million as its solar recycling facility began continuous operations. The loss was $0.01 per share and included a $14.0 million mining-sale gain. Quarter-end cash, cash equivalents and restricted cash totaled $43.5 million, with no outstanding debt.
The completed mining exit delivered $30.2 million in third-quarter consideration; another $7.0 million is scheduled by December 21, 2027. Metals revenue rose 45.4% from Q2 to $341,751, while deferred revenue reached $4.55 million. Comstock targets at least 25% recycling capacity during Q4 and selected Ohio for its second facility. SSOF engaged Newmark to explore monetization and development; Comstock owns 48.64% of the fund. The board authorized repurchases of up to 15 million shares, which the company expects to fund through future asset monetizations and the remaining Mackay payment.
Comstock (LODE) will host its third-quarter 2026 earnings call and business update on November 4, 2026, at 4:30pm ET. CEO Corrado De Gasperis and CFO Judd Merrill will review financial results and current business developments. The webinar will include a live presentation and a question-and-answer session.
Comstock (LODE) will present a webcast and hold investor meetings at the virtual Lytham Partners Fall 2026 Investor Conference on September 29-30. The webcast is scheduled for September 29 at 12:45 p.m. ET and will be available for replay afterward.
Comstock (LODE) announced on September 24, 2026, that Sierra Springs Opportunity Fund engaged Newmark (NMRK) to evaluate Nevada development partners.
Comstock holds a 47.63% fully diluted interest in the fund, which owns or controls approximately 2,200 acres of land in Silver Springs through Sierra Springs Enterprises and its subsidiaries. Newmark will advise the fund on development strategy for the powered land and run a competitive request-for-proposal process to identify and evaluate prospective development and operating partners. Future updates are anticipated through the fourth quarter of 2026; no development partnership or transaction is guaranteed.
Comstock (LODE) has begun continuous 24/7 operation of its proprietary Solar Panel Recycling Production system at its Silver Springs, Nevada facility.
The system processes end-of-life solar panels using a responsible, zero-landfill approach and provides utility-scale customers with certified, audit-ready chain-of-custody documentation to confirm discharge of end-of-life regulatory obligations. With continuous production established, the company plans to ramp volumes and states that technical implementation hurdles for this first large-scale deployment have been overcome. Additional storage capacity at Hanford, CA and Cambridge, OH supports expected growth in panel volumes.
Comstock (NYSE: LODE) closed the previously announced sale of its legacy mining, processing and related real estate entities to Mackay Precious Metals, a subsidiary of Mackay Gold & Silver Corp., in a transaction valued at more than $45 million.
Comstock has received $20 million in cash plus 2 million Mackay Gold & Silver common shares, currently valued at about $4.5 million, and expects to record a $10–$12 million gain with no associated cash taxes. The deal transfers four mining subsidiaries, including all mining claims, town lots, processing facilities, permits and water rights, while Mackay assumes all reclamation and other liabilities and related surety deposits.
Comstock retains a 1.5% NSR royalty on production from the sold properties and a secured $7 million second-tranche payment due within 18 months, plus a potential $10 million contingent payment tied to mine construction or a ≥$500 million change of control. The divestiture is expected to cut operating costs by about $1.5 million annually.
Comstock (NYSE: LODE) announced that subsidiary Comstock Metals has fully integrated, tested and operated its first-of-a-kind, industry-scale solar panel recycling system in Silver Springs, Nevada. The 100,000-ton-per-year line has successfully processed panels through all stages, from robotic intake and shredding to conditioning and production of clean, separated offtake materials.
All processing stages have been connected, with final integration expected by mid-August and production ramp-up beginning immediately after. According to Comstock, operations will transition to 24/7, 12-hour rotating shifts, targeting a first production milestone in September of continuous operation at 25% of rated capacity. The company also reports progress on proprietary metals recovery technologies, advancing toward a one-ton-per-day pilot system for recovering silver and other metals from industrial offcuts.
Comstock (NYSE: LODE) reported second quarter 2026 business results and a strategic shift toward industrial metals recycling and renewable fuels. The company completed installation and testing of major equipment at its first industry-scale solar panel recycling facility in Silver Springs, NV, with continuous operations targeted for August 2026 and product upgrading systems, primarily for glass, ready ahead of schedule. Comstock executed a Securities Purchase Agreement to sell 100% of its legacy mining and related real estate entities to Mackay Precious Metals for total consideration of over $45 million, including more than $30 million in cash and stock, assumption of reclamation liabilities, a 1.5% NSR royalty and a contingent $10 million payment, with closing expected in August 2026.
Comstock recorded a non-cash impairment of approximately $16.4 million related to Flux Photon and other technologies as it realigned Bioleum toward nearer-term revenue opportunities. The company increased its stake in Sierra Springs Opportunity Fund to 47.63% for $11.64 million, supporting over 2,200 acres of Nevada land and nearly 2,000 acre-feet of water rights. Cash and cash equivalents were $31.4 million at June 30, 2026, with 75.95 million common shares outstanding. According to Comstock, the solar recycling facility is expected to operate at least 25% of rated capacity from August through year end, generating about $5 million in second-half 2026 revenues, while it advances pilot-scale silver and metals recovery and continues monetizing non-core assets.
Comstock (NYSE American: LODE) announced that subsidiary Comstock Metals signed a Solar Material Recycling Services Agreement with Illuminate USA, which operates what it describes as the largest single-site solar panel manufacturing facility in North America in Pataskala, Ohio.
Comstock Metals will provide safe transportation, sorting, and zero-landfill recycling for a broad range of solar panel manufacturing byproducts from Illuminate USA’s advanced production lines. According to Comstock, the multi-year partnership supports circular, environmentally responsible handling of materials and aligns both companies’ strategies to build a clean, domestic solar supply chain. Comstock highlights its growing national recycling network, including Central Ohio, while Illuminate USA notes its 1.1 million square foot facility, more than 15 million panels produced since February 2024, five-gigawatt annual capacity, and over 1,600 employees.
Comstock (NYSE American: LODE) will host a webinar on Thursday, July 23, 2026, at 4:30pm ET, where CEO Corrado De Gasperis and CFO Judd Merrill will provide current business updates and an overview of second quarter 2026 financial results, followed by a Q&A session.