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Comstock Metals Brings Fully Integrated Industry-Scale Solar Recycling System Online

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.

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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.

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Positive

  • 100,000-ton-per-year industry-scale solar recycling line fully integrated and tested
  • First production milestone targeted at 25% of rated capacity in continuous operation
  • Transition from 24-hour, five-day schedule to 24/7 operations with rotating 12-hour shifts
  • Glass-upgrading systems installed and tested ahead of original production plan
  • Metals recovery pilot system advancing toward one ton per day capacity

Negative

  • None.

News Explained

The plant is operating after full-stage testing, but final integration and production ramp-up remain unfinished.

Comstock Metals has started its 100,000-ton-per-year solar-recycling facility after processing panels through every production stage, moving from staged commissioning toward full-system operations and production ramp-up.

Although the headline says the system is fully integrated and online, the release says final integration is still due in mid-August and that operational integration will occur over the next few days, so the current disclosure supports an online, tested system rather than completed ramp-up.

The company also reports stress-testing the processes at volumes representing the equipment’s stated capacities, adding a capacity-level test to its stage-by-stage testing.

Argus Aug 11 session 11 alerts
+9.54% close to close 15.3x rel. volume Open Argus
Details

Market move: LODE +9.54% in the Aug 11 session. industry-scale recycling ramp-up

+3.4% Peak in 5 hr 51 min
$270.38M Market Cap

On Aug 11, the day this news came out, LODE closed 9.54% above the previous close. Argus tracked a peak move of +3.4% during that session. Our momentum scanner recorded 11 alerts for this stock that day. Relative volume reached 15.3x the daily average during tracking.

Data tracked by StockTitan Argus for the Aug 11 session.

Market Context

On Aug 11, the day this news came out, the stock closed 9.5% above the previous close. News 1084212 ...
Analysis

On Aug 11, the day this news came out, the stock closed 9.5% above the previous close. News 1084212 recorded a 2.33% 24-hour reaction after a recycling-services agreement. This milestone adds operating validation, while the prior -22.68% reaction to quarterly results remains a downside-risk precedent.

Key Figures

Production Line Capacity: 100,000 tons per year First Production Milestone: 25% of rated capacity Pilot System Scale: 1 ton per day +4 more
Production Line Capacity
100,000 tons per year
Industry-scale solar recycling production line
First Production Milestone
25% of rated capacity
Continuous operating milestone
Pilot System Scale
1 ton per day
Planned metals recovery pilot system
Initial Schedule
24-hour, five-day-per-week
Operating schedule during crew training
Target Schedule
24/7
Planned rotating-shift operating schedule
Shift Length
12-hour rotating shifts
Planned 24/7 operating schedule
First Production Timing
September
Anticipated first production milestone

Historical Context

5 past events · Latest: Jul 23
5 events
  1. Jul 23

    Quarterly results

    24h Move
    -22.7%

    Impairment and strategic transition accompanied second-quarter results and outlook.

  2. Jul 21

    Service agreement

    24h Move
    +2.3%

    Illuminate USA agreement expanded solar-material recycling services and domestic supply-chain activity.

  3. Jul 16

    Earnings call notice

    24h Move
    -0.5%

    Company scheduled a webinar covering second-quarter results and current business updates.

  4. Jul 07

    Investor presentation

    24h Move
    +5.9%

    Management scheduled a fireside chat covering financial position and recycling milestones.

  5. Jul 07

    Facility integration

    24h Move
    -5.2%

    Front-end recycling equipment became operational ahead of continuous August operations.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

offtake materials, unit operation, rated capacity
3 terms
offtake materials financial
"operation from panel intake through the production of final offtake materials"
Offtake materials are the documents, product samples and technical specifications exchanged under an offtake agreement that describe what will be sold and how it will be delivered — quantities, quality standards, pricing mechanisms, testing procedures and delivery schedules. They matter to investors because they turn a vague promise into a concrete set of expectations, making future sales, revenue timing and project financing more predictable, much like a long-term purchase order and quality checklist for a factory or mine.
unit operation technical
"completing the final major milestone in the testing and evaluation of each unit operation"
A unit operation is a single, basic step in an industrial manufacturing or processing workflow—such as heating, mixing, filtering, or separating—that transforms raw materials into intermediate or finished products. Investors care because the number, design and efficiency of these steps influence production capacity, operating costs, product quality and regulatory compliance; think of them like stations on an assembly line that determine how fast and cheaply a plant can run.
rated capacity technical
"continuously operating at 25% of rated capacity"
The maximum output a machine, plant, or system is designed to produce under specified, normal operating conditions. Like the top speed stamped on a car or the seating capacity of a theater, rated capacity is a technical limit set by design and operating standards. For investors, it signals the upper bound of production or service delivery, so comparing it to actual output helps reveal how fully assets are used and where constraints or expansion needs exist.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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First-of-a-Kind, 100,000-Ton-Per-Year System Successfully Processes Panels Through All Production Stages and Produces Clean, Separated Offtake Materials

SILVER SPRINGS, Nev., Aug. 11, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) and Comstock Metals LLC (“Comstock Metals”), a leader in the responsible, zero-landfill recycling of end-of-life solar panels with North America’s first certified operations, announced today that Comstock Metals has fully integrated, tested and operated its complete solar panel recycling system.

Comstock Metals has started its first-of-a-kind, industry-scale solar recycling facility. The system has now successfully processed panels through every stage of production, completing the final major milestone in the testing and evaluation of each unit operation. Final integration will be completed mid-August, at which point the ramp-up process to the first production milestone will begin. This milestone transitions Comstock Metals from staged equipment commissioning to full-system operations and production ramp-up.

All of the facility’s processing stages have now been fully tested and connected and will be operationally integrated over the next few days. The first images in the appended video show the robotic system, feed conveyor, and particle dimensioning system in operation. This is followed by an open view of the oven system before being permanently closed; collectively representing the principal unit operations for shredding, conditioning, and other proprietary Comstock processes, and completing the start-up sequence for the 100,000-ton-per-year production line. The previously announced glass-upgrading systems have also been installed and tested ahead of the original production plan, adding expanded glass-treatment capabilities onto the original designs and supporting the production of higher-specification glass products.

“We are now ready to finalize integration activities and the start of operations,” stated Corrado De Gasperis, CEO of Comstock. “Completion of the full start-up milestones brings the full production system online and demonstrates operation from panel intake through the production of final offtake materials. The team is now evaluating multiple processing scenarios and transition from commissioning to full continuous processing over the next few weeks. We anticipate reaching our first production milestone in September.”

See demonstration video here of Comstock Metals’ fully integrated industry-scale system processes end-of-life solar panels from initial shredding through the production of clean, separated offtake materials.

Industry-Scale Operations and Production Ramp-Up

“We have now brought the industry-scale production plant online, confirmed that each stage functions as designed and to specification, and successfully stress-tested the processes at volumes representing the equipment’s stated capacities,” stated Dr. Fortunato Villamagna, President of Comstock Metals. “We are now leveraging the modular nature of the start-up process to train and develop our operating crews as we transition from a 24-hour, five-day-per-week schedule to a 24/7 schedule using 12-hour rotating shifts. These activities remain on schedule through August as we ramp toward our first production milestone of continuously operating at 25% of rated capacity.”

“While our Recycling and Upgrading operations ramp up, we have also advanced the development of our proprietary Metals Recovery processes. These novel metal extraction technologies should enable the economic recovery of silver and other metals and materials from our industrial Offcut stream,” concluded Villamagna. “This work has advanced significantly over the past few months and remains on schedule toward the achievement of our next major milestone, the development of our one-ton-per-day pilot system.”

About Comstock Metals

Comstock Metals is a national leader in the environmentally responsible, zero-landfill recycling of end-of-life solar panels and related energy infrastructure. Comstock Metals’ internally developed recycling technologies and continuous innovation produce recovered materials that strengthen domestic supply chains for advanced technologies while helping customers eliminate the economic, environmental, and reputational liabilities associated with end-of-life panel management. To learn more and stay up to date, visit www.comstockmetals.com and follow Comstock Metals on LinkedIn and YouTube.

About Comstock Inc.

Comstock Inc. (NYSE: LODE) innovates and commercializes technologies, systems and supply chains that enable, support and sustain clean energy systems by efficiently, effectively, and expediently extracting and converting under-utilized natural resources into reusable metals, like silver, aluminum, gold, and other critical minerals, primarily from end-of-life photovoltaics and renewable fuels and other forms of energy.

To learn more, please visit www.comstock.inc.

Comstock Social Media Policy

Comstock Inc. has used, and intends to continue using, its investor relations link and main website at www.comstock.inc in addition to its X.com, LinkedIn and YouTube accounts, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

Contacts

For investor inquiries:
Judd B. Merrill, Chief Financial Officer
Tel (775) 413-6222
ir@comstockinc.com

For media inquiries:
Zach Spencer, Director of External Relations
Tel (775) 847-7573
media@comstockinc.com

Forward-Looking Statements 

This press release and any related calls or discussions may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, are forward-looking statements. The words “believe,” “expect,” “anticipate,” “estimate,” “project,” “plan,” “forecast,” “seek,” “target,” “should,” “intend,” “may,” “will,” “would,” “potential” and similar expressions identify forward-looking statements but are not the exclusive means of doing so. Forward-looking statements include statements about matters such as: future market conditions; future financial, natural, and social gains; future prices and sales of, and demand for, our products and services; permits; production capacity and operations; operating and overhead costs; future capital expenditures and their impact on us; operational and management changes (including changes in the Board of Directors); changes in business strategies, planning and tactics; future employment and contributions of personnel, including consultants; future land and asset sales; investments, acquisitions, joint ventures, strategic alliances and business combinations; litigation, administrative or arbitration proceedings; environmental compliance and changes in the regulatory environment; offerings of equity or debt securities; and future working capital needs, revenues, variable costs, throughput rates, operating expenses, debt levels, cash flows, margins, taxes and earnings. These statements are based on assumptions and assessments made by our management in light of their experience and their perception of historical and current trends, current conditions, possible future developments and other factors they believe to be appropriate. Forward-looking statements are not guarantees, representations or warranties and are subject to risks and uncertainties, many of which are unforeseeable and beyond our control and could cause actual results, developments and business decisions to differ materially from those contemplated by such forward-looking statements. Some of those risks and uncertainties include the risk factors set forth in our filings with the SEC. Occurrence of such events or circumstances could have a material adverse effect on our business, financial condition, results of operations or cash flows, or the market price of our securities. All subsequent written and oral forward-looking statements by or attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. Except as may be required by securities or other law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Neither this press release nor any related calls or discussions constitutes an offer to sell, the solicitation of an offer to buy or a recommendation with respect to any securities of the Company or any other issuer.


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Comstock Metals (NYSE: LODE) announce on August 11, 2026 about its solar recycling system?

Comstock Metals announced it has fully integrated, tested and operated its complete industry-scale solar panel recycling system. According to Comstock, the 100,000-ton-per-year line has processed panels through all stages, producing clean, separated offtake materials and marking completion of key start-up milestones.

What is the processing capacity of Comstock Metals’ new solar recycling facility for LODE shareholders?

The solar recycling facility is designed for a capacity of 100,000 tons per year. According to Comstock Metals, the line has been stress-tested at volumes representing its stated capacities and will ramp toward continuous operation at 25% of rated capacity as the first production milestone.

When does Comstock (LODE) expect to reach its first production milestone at the solar recycling plant?

Comstock anticipates reaching its first production milestone in September, operating continuously at 25% of rated capacity. According to Comstock, final integration is expected mid-August, followed by a ramp-up from staged commissioning to full-system operations and continuous 24/7 processing with rotating 12-hour shifts.

How will Comstock Metals’ operational schedule change as the LODE solar recycling plant ramps up?

The plant will transition from a 24-hour, five-day-per-week schedule to 24/7 operations. According to Comstock Metals, crews are being trained using the modular start-up process to support rotating 12-hour shifts as the facility ramps to continuous, industry-scale solar panel recycling production.

What are Comstock Metals’ plans for metals recovery from recycled solar materials for LODE investors?

Comstock Metals is advancing proprietary metals recovery technologies targeting silver and other materials from industrial offcuts. According to Comstock Metals, development of these extraction processes has progressed significantly and remains on schedule toward a one-ton-per-day pilot system as the next major milestone.

How do Comstock Metals’ glass-upgrading systems enhance the solar recycling facility announced for LODE?

Glass-upgrading systems have been installed and tested ahead of the original production plan, expanding glass treatment capabilities. According to Comstock Metals, these systems support production of higher-specification glass products, building on the core 100,000-ton-per-year solar panel recycling line and its proprietary processes.

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