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) announced the receipt of an additional $7 million from the sale of the LINICO Battery Recycling Facility to American Battery Technology Company, totaling $18 million received of the $27.6 million purchase price. The facility purchase has been completed, with more than $8 million expected within three months, including $3 million due shortly. The transaction is expected to net Comstock over $14 million after expenses. Comstock has expanded its metals recycling business and aims to exceed a $30 million asset sale target this year. The deal includes 10 million restricted shares of ABTC common stock, with registration for resale filed with the SEC.
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