Welcome to our dedicated page for Comstock news (Ticker: LODE), a resource for investors and traders seeking the latest updates and insights on Comstock stock.
Comstock Inc (NYSE MKT: LODE) combines historic precious metals mining in Nevada's Comstock District with cutting-edge renewable energy solutions and advanced materials recovery technologies. This news hub provides investors and industry observers with timely updates on the company's dual-focused operations spanning traditional resource extraction and sustainable innovation.
Access comprehensive coverage of Comstock's operational developments, including quarterly earnings reports, mining expansion initiatives, and breakthroughs in biomass conversion and electronics recycling technologies. Our curated news collection enables stakeholders to track strategic partnerships, environmental stewardship efforts, and progress in artificial intelligence applications for materials science.
Key updates include announcements about precious metal production, land acquisition developments, and renewable fuel commercialization. The repository serves as an essential resource for understanding how Comstock balances its heritage in mineral exploration with forward-looking sustainable resource recovery solutions.
Bookmark this page for direct access to verified company announcements and objective reporting on Comstock's unique position at the intersection of traditional mining and green technology innovation.
Comstock Inc. (NYSE: LODE) has signed a Technology Cooperation Agreement with Emerging Fuels Technology (EFT) to integrate EFT's gas-to-liquids process into Comstock's renewable fuel solutions. The partnership aims to enhance the production of Sustainable Aviation Fuel (SAF) and other renewable fuels from woody biomass.
The integrated system will convert carbon emissions into 'emissions derived renewable fuels' (EDF), increasing Comstock's renewable fuel yields from 125 gallons to more than 140 gallons per dry metric ton of feedstock, reaching approximately 70% of the theoretical maximum yield from woody biomass. The company's process currently achieves carbon intensity scores of 15 or less.
The technology will be implemented in Comstock's recently announced 75,000 metric ton per year demonstration facility, with plans to scale up to 1,000,000 MTPY commercial facilities.
Comstock Inc. (NYSE: LODE) has sold its Northern Targets mining properties to Mackay Precious Metals Inc. for $2.75 million plus a 1.5% NSR production royalty in perpetuity. The deal includes 100% of northernmost patented and unpatented mining claims in Storey County, Nevada, and Comstock's 25% stake in Pelen
The payment structure includes $1.3 million in immediate cash, $0.45 million due by February 15, 2025, and $1.0 million payable within 45 days of Mackay's public listing. Additionally, Comstock has received $3.2 million in lease payments since June 2023, with a final payment of $0.5 million due by February 15, 2025, bringing total consideration to nearly $6.5 million.
Comstock Inc. (NYSE: LODE) announced that its subsidiary Comstock Fuels has been awarded a $3 million incentive from Oklahoma's Quick Action Closing Fund. The company will establish its headquarters and construct a next-generation renewable fuel refinery in Oklahoma. The initial Demonstration Scale Facility will process 75,000 metric tons of biomass annually for renewable fuel production, with plans to expand to 1 million metric tons per year for sustainable aviation fuel (SAF) and other renewable fuels production.
The company is currently evaluating multiple locations throughout Oklahoma for the facility's construction. The state was chosen for its vast supplies of untapped woody biomass feedstock sources and its established leadership in the oil and gas sector.
Comstock Inc. (NYSE: LODE) has announced its participation in the NobleCon20 conference, with Executive Chairman and CEO Corrado De Gasperis scheduled to present on December 3, 2024, at 11:30am EST. The presentation will take place at Florida Atlantic University's Executive Education Complex in Boca Raton, Florida.
A high-definition video webcast of the presentation will be available the following day on multiple platforms, including Comstock's website, Noble Capital Markets' Conference website, and Channelchek.com. The webcast recording will remain accessible on these platforms for 90 days after the event.
Comstock Inc. (NYSE: LODE) announced an expansion of its licensing agreement with SACL Pte. into Vietnam for sustainable aviation fuel (SAF) and renewable fuels production. The agreement now covers four sites - three in Australia and one in Vietnam - with a total production capacity of over 460 million gallons of renewable fuels. The facilities will have an estimated total construction cost of over $4.0 billion, generating approximately $3.0 billion in annual sales at current prices. Comstock Fuels will receive a 20% equity stake in each Bioleum Refinery, plus 6% royalty fees on sales and 6% engineering fees on construction costs.
Comstock Inc. (NYSE: LODE) announced that its subsidiary, Comstock Fuels , has expanded its exclusive license agreement with RenFuel K2B AB. The amendment extends the territory from the Americas to include Australia, New Zealand, and Vietnam for RenFuel's patented catalytic esterification process used in refining Comstock's proprietary Bioleum biointermediates. This expansion aims to facilitate ongoing project development by licensees of Comstock Fuels' lignocellulosic biomass refining process. The technology integrates proven systems to create Bioleum Refineries, converting woody biomass into renewable fuels.
Comstock Inc. (NYSE: LODE) has announced the acquisition of 100% equity in GenMat Licensing (AICo) in exchange for its equity in Quantum Generative Materials (GenMat). AICo receives a non-exclusive end-user license to utilize GenMat's AI technologies for materials science, including satellite imaging and analytics related to Comstock's Nevada mining properties. The deal includes a credit against EULA payments equal to Comstock's historical investments in GenMat.
The company emphasizes the strategic importance of AI in materials science and mineral discovery, particularly for energy applications. GenMat will continue developing its commercial materials science discovery platform (ZENOMDP) and artificial general physics intelligence technologies (AGPI), focusing on applications that could enhance industrial processes and reduce development costs.
Comstock Inc. (NYSE: LODE) announced its third quarter 2024 results and corporate updates, highlighting significant progress across its fuels, metals, and mining businesses. Key developments include:
1. Comstock Fuels executed international agreements for three industry-scale fuel hubs, delivered commercial samples of Hydrodeoxygenated Bioleum Oil (HBO), and validated industry-leading yields of 125 Gasoline Gallon Equivalents per ton of feedstock.
2. Comstock Metals recorded its first revenues from recycled aluminum sales, secured contracts for solar panel decommissioning, and demonstrated 100% recovery of materials.
3. Comstock Mining updated its Dayton Mine plan and assessed profitable silver recovery from solar panels.
4. The company executed agreements with NREL and MIT for lignocellulosic biomass conversion technology and announced plans to acquire an AI materials discovery platform.
5. Comstock reported increased revenues of $1.4 million for the nine-month period ending September 30, 2024, and a net loss of $30.5 million.
Comstock Inc. (NYSE: LODE) has announced its upcoming Q3 earnings call scheduled for October 22, 2024, at 4:30pm ET. The call will feature Executive Chairman, Director & CEO Corrado De Gasperis and COO William McCarthy, who will provide business updates and third quarter financial results. The presentation will be followed by a live Q&A session.
Investors and interested parties are invited to join the webinar to learn about Comstock's innovative technologies and commercializing businesses focused on systemic decarbonization. Participants can register for the webinar through the provided link and submit questions beforehand via the registration form or by email at ir@comstockinc.com.
Comstock Inc. (NYSE: LODE) has released its Q3 2024 Stakeholder Perception Analysis Report, compiled by RB Milestone Group (RBMG). The report offers insights into the company's operational milestones and perceived strengths and weaknesses from stakeholders' perspectives. It includes a video recording of CEO Corrado De Gasperis addressing the results.
RBMG gathered data from an investor survey conducted between Comstock's Q2 earnings call on August 8, 2024, and September 30, 2024. The survey participants included current and prospective shareholders of various sizes. Comstock plans to publish these reports quarterly to increase transparency and strengthen relationships with shareholders.
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