VIRGINIA CITY, Nev., June 29, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) and Comstock Metals LLC (“Comstock Metals”), a leader in the responsible recycling of end-of-life solar panels with the only certified, North American, zero-landfill solution, announced today that all of the industry-scale facility precision equipment and unit operations have arrived and are assembled. Three of those unit operations have been commissioned and tested and are undergoing integration to date: the robotic loading arms, the Eddy system, and the washing system. This represents significant progress toward the full commissioning, start-up and continuous operation of the 100,000 ton per year solar panel recycling production line.
“We are pleased to report that, as of last week, we completed the
“tuning”
of the entire glass-upgrading Eddy system, including full capacity stress-testing. The unit
met and exceeded
its quality and capacity performance requirements operating at full capacity levels and working towards delivering clean glass that meets or exceeds all the quality specifications communicated from our customers,” stated Corrado De Gasperis, CEO of Comstock Inc.
“A production plant comes to life the way a finely tuned orchestra does. Each instrument is tuned individually to make sure it is working and if not, then retuned, and then stress-tested at volumes representing the equipment’s stated capacities, and only then does the true performance begin,” stated Dr. Fortunato Villamagna, Comstock Metals’ President. “Our plant is moving through that same sequence, and the instruments, the nine distinct unit operations that make up our process, are now being tuned one by one.”
“The start-up sequence is largely dictated by the engineering requirements and, in part, in response to requests for materials and samples from the growing population of our potential offtake customers,” continued Villamagna. “We are currently stress-testing the other two-unit operations that are now calibrated
,
while beginning the
“tuning process”
for the next three in the sequence.”
Commissioning, and all aspects of integration, tuning, and staged stress-testing will continue through late July 2026, when continuous operations will commence. The first full month of operation will begin within the next two months.
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. 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.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ace2c6ae-fe59-4dd6-b98f-a3619f25b23a
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Comstock Inc. Reports Progress on Commissioning of 100,000-Ton-Per-Year Solar Panel Recycling Facility
Comstock Inc. has completed equipment assembly for its solar panel recycling facility, progressing towards full operational start-up.
Quiver AI Summary
Comstock Inc. and Comstock Metals LLC announced that they have successfully assembled and begun commissioning equipment for their solar panel recycling production line, which aims to recycle up to 100,000 tons of solar panels annually with a zero-landfill commitment. Key components, including robotic loading arms, the Eddy system, and a washing system, have been tested to meet performance standards. CEO Corrado De Gasperis highlighted the significance of the successful "tuning" of the Eddy system, while President Dr. Fortunato Villamagna detailed the step-by-step commissioning process. The integration and stress-testing will continue into late July 2026, with operations expected to fully commence soon thereafter. Comstock Inc. focuses on sustainable recycling and efficient extraction of valuable metals from end-of-life solar products.
Potential Positives
Potential Negatives
FAQ
What is Comstock's recent achievement in solar panel recycling?
Comstock has completed the assembly and testing of precision equipment for its solar panel recycling production line.
How much solar panel recycling capacity does Comstock plan to have?
The company aims to operate a recycling production line with a capacity of 100,000 tons per year.
What technologies are included in Comstock's recycling process?
The recycling process includes robotic loading arms, the Eddy system, and washing systems among other unit operations.
When will continuous operations of the plant begin?
Continuous operations are expected to start in late July 2026, with the first full month of operation following shortly after.
How does Comstock ensure the quality of recycled materials?
Comstock conducts stress-testing and tuning of its equipment to exceed quality specifications required by customers.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LODE Insider Trading Activity
$LODE insiders have traded $LODE stock on the open market 12 times in the past 6 months. Of those trades, 12 have been purchases and 0 have been sales.
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Full Release
VIRGINIA CITY, Nev., June 29, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) and Comstock Metals LLC (“Comstock Metals”), a leader in the responsible recycling of end-of-life solar panels with the only certified, North American, zero-landfill solution, announced today that all of the industry-scale facility precision equipment and unit operations have arrived and are assembled. Three of those unit operations have been commissioned and tested and are undergoing integration to date: the robotic loading arms, the Eddy system, and the washing system. This represents significant progress toward the full commissioning, start-up and continuous operation of the 100,000 ton per year solar panel recycling production line.
“We are pleased to report that, as of last week, we completed the “tuning” of the entire glass-upgrading Eddy system, including full capacity stress-testing. The unit met and exceeded its quality and capacity performance requirements operating at full capacity levels and working towards delivering clean glass that meets or exceeds all the quality specifications communicated from our customers,” stated Corrado De Gasperis, CEO of Comstock Inc.
“A production plant comes to life the way a finely tuned orchestra does. Each instrument is tuned individually to make sure it is working and if not, then retuned, and then stress-tested at volumes representing the equipment’s stated capacities, and only then does the true performance begin,” stated Dr. Fortunato Villamagna, Comstock Metals’ President. “Our plant is moving through that same sequence, and the instruments, the nine distinct unit operations that make up our process, are now being tuned one by one.”
“The start-up sequence is largely dictated by the engineering requirements and, in part, in response to requests for materials and samples from the growing population of our potential offtake customers,” continued Villamagna. “We are currently stress-testing the other two-unit operations that are now calibrated , while beginning the “tuning process” for the next three in the sequence.”
Commissioning, and all aspects of integration, tuning, and staged stress-testing will continue through late July 2026, when continuous operations will commence. The first full month of operation will begin within the next two months.
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. 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.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ace2c6ae-fe59-4dd6-b98f-a3619f25b23a
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