← Back to Positions Comstock Inc.

Comstock Inc.

America's first-mover in industrial-scale solar panel recycling — capturing critical minerals from the clean energy transition.

2008
Virginia City, Nevada
NYSE: LODE
Clean Technology / Critical Minerals
Company Overview

Recycling the Sun. Recovering What Matters.

Comstock Inc. (NYSE: LODE) has transformed into America's first certified zero-landfill solar panel recycler. Through Comstock Metals, the company recovers silver, aluminum, copper, gallium, and critical minerals from end-of-life photovoltaic panels. Its Silver Springs, Nevada facility — fully permitted January 2026 — processes over 3 million panels per year.

Comstock is building a national recycling network across Nevada, California, and Ohio with plans for 7 U.S. facilities. Bioleum Corporation converts woody biomass into low-carbon fuels. The company achieved 8× revenue growth in 2025 and is debt-free since September 2025.

Comstock Inc.
3.3M+
Panels/Year
100K
Tons/Year
2025 Revenue Growth
$0
Debt
7
Planned Facilities
$50M
Jan '26 Raise
Data as of March 17, 2026
Investment Perspective

Our Position

Comstock is positioned to dominate a market with zero scaled competition.

First-Mover Monopoly

The only certified zero-landfill solar recycler in North America. No competitor has achieved R2v3/RIOS certification or industrial-scale processing — Comstock owns this market.

Explosive Revenue Trajectory

8× revenue growth in 2025 with Silver Springs commissioning Q1 2026. Production ramp in Q2 2026 from the first continuous industrial-scale recycling line in the U.S.

National Footprint

Nevada fully permitted, California DTSC-approved, Ohio hub secured. Plans for 7 total facilities creating an unassailable coast-to-coast recycling network.

Enterprise Validation

RWE Clean Energy Master Services Agreement validates demand from Tier 1 utility-scale operators. Multiple additional MSAs secured across the country.

Debt-Free Foundation

Achieved debt-free status September 2025 after $34.5M raise. $50M oversubscribed offering closed January 2026 funds second facility.

Critical Mineral Alignment

Silver, copper, gallium recovery directly supports U.S. supply chain security policy. Growing regulatory tailwinds mandate responsible solar disposal.

Progress

Latest Developments & Upcoming Catalysts

Full Permitting Achieved

January 2026 — Silver Springs, NV received all regulatory approvals. Commissioning on schedule Q1 2026.

$50M Upsized Offering

January 2026 — Oversubscribed public offering to fund second facility and refining process.

California DTSC Approval

February 2026 — Kings County facility authorized for PV module recycling.

Ohio Hub Secured

January 2026 — Expandable Midwest collection and aggregation site.

IAccess Alpha Presentation

March 2026 — CEO presented 7-facility national strategy for critical mineral capture.

Upcoming Catalysts

Silver Springs Q2 2026 production launch

Second Nevada facility permitting

Downstream refining for higher-purity recovery

Bioleum Corporation commercial fuel production

Expanding MSAs with national solar developers

LODE Stock Price
Stock information is updated periodically to reflect the most recent market data.
LODE stock chart by TradingView
Latest News — LODE
← View All Positions