News Image

Comstock Announces the Purchase of All Equipment for Industry Scale Facility

Provided By GlobeNewswire

Last update: Aug 25, 2025

VIRGINIA CITY, Nev., Aug. 25, 2025 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock,” “our,” and the “Company”), today announced that on August 15, 2025, immediately following the Company’s previously announced successful public equity offering, that it had immediately placed all of the purchase orders and paid deposits totaling $5.1 million toward the purchase of all of the equipment for its 100,000 ton per year, certified zero-landfill industry-scale solar panel recycling facility to be located in Silver Springs, Nevada. The total purchase price for all the equipment is approximately $10.5 million. The Company also plans on spending an additional $1.5 million for expanded storage capacity, utility upgrades and commissioning of the facility.

Read more at globenewswire.com

COMSTOCK INC

NYSEARCA:LODE (9/8/2025, 12:20:46 PM)

2.41

+0.03 (+1.26%)



Find more stocks in the Stock Screener

Follow ChartMill for more