Press Releases July 7, 2026 06:15 AM

Comstock Metals Integrates and Automates Front Stages of Industry-scale Production

Comstock Inc. advances commissioning of its industry-scale solar panel recycling facility with automated front-end processes surpassing capacity expectations

By Avery Klein
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Comstock Inc. (NYSE: LODE) has successfully integrated and tested the robotic loading and conveyance systems at the front end of its first-of-a-kind, large-scale solar panel recycling plant capable of processing 100,000 tons per year. The initial stages surpassed capacity design targets by 10%, positioning the company on track for full operation and continuous production by August. This development supports Comstock's leadership in sustainable recycling of end-of-life solar panels and the production of valuable reusable metals.

Comstock Metals Integrates and Automates Front Stages of Industry-scale Production
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Key Points

  • Comstock's robotic loading and conveyance system at the start of the solar panel recycling line is fully integrated and operating efficiently, exceeding design capacity by 10%.
  • The company is progressing through a staged commissioning process with all nine unit operations set to be operational next month, aiming for continuous 24/7 operation.
  • The facility's output targets valuable reusable metals like silver, aluminum, and gold from end-of-life photovoltaics, supporting the clean energy and recycling sectors.

SILVER SPRINGS, Nev., July 07, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) and Comstock Metals LLC (“Comstock Metals”), a leader in the responsible, zero-landfill recycling of end-of-life solar panels with the first certified North American operations announced today that it has integrated, tested and operated the robotic loading and initial conveyance system, representing the front-end stages of its production process as part of the overall commissioning of its first-of-a-kind, industry-scale solar recycling facility.

The operating system has three major operating stages that are currently being integrated, individually stress tested and commissioned. This represents another significant step toward the full commissioning, start up and continuous operation of the 100,000 ton per year solar panel recycling production line. The robotic arms and the continuous loading and conveyance systems that feed the initial crushers are now fully integrated and operational.

“We are pleased to report that, as of last week, we completed the wiring, interconnection of the PLC systems, integration and testing of the first third of the plant, and specifically the robotic loading arms and that the initial tests all resulted in effective and expedient loading of the panels into the system. In fact, the loading systems capacity test exceeded our estimated capacity design maximums by 10%,” stated Corrado De Gasperis, CEO of Comstock. “The team will now stress test the particle size reduction stage of the system and continue forward into our proprietary process integration and testing. We remain on track for stress testing those components over the next two weeks.”


Comstock Metals’ robotic arms feeding solar panels onto conveyance system.

“We are now well into the process of bringing the industry-scale production plant online while taking great care to make sure each stage is working as designed and to specification and then stress-testing these processes at volumes representing the equipment’s stated capacities,” stated Dr. Fortunato Villamagna, Comstock Metals President. “The front end is now actually working better than initial designs and has been tested and operating, and we will continue moving through the rest of the production system in that same sequence, such that by next month, the nine distinct unit operations will all be operational together. We are also now leveraging the modular nature of the start-up process to train and develop the operating crews to move from a 24/5 to a 24/7 on a 12-hour rotating shift basis.”

The start-up sequence is largely dictated by the engineering requirements and, to a lesser extent, the responses to continued requests for materials and samples from the growing population of potential offtake customers.

While we work on bringing the recycling process online, we also continue to stress-test the secondary upgrading processes for the offtake products, especially glass, in order to ensure compliance with customer specifications as we continue expanding our addressable markets for those products,” continued Villamagna. “The operating team and the personnel development that resulted from a multi-year demonstration facility is now proving extremely beneficial. These developmental and commissioning activities, along with all aspects of integration, testing, tuning and staged stress testing will continue throughout July, while continuous operations should commence this August.”

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
[email protected]

For media inquiries:
Zach Spencer, Director of External Relations
Tel (775) 847-7573
[email protected]

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/81bffda1-1105-49c1-81ff-d9a93bf6744e


Risks

  • Potential delays or technical challenges in completing the staged commissioning process of the remaining unit operations could impact production timelines.
  • Market demand or pricing fluctuations for recycled materials such as glass and metals may affect revenue and profitability.
  • Operational scale-up risks exist as the company transitions from demonstration to continuous full-scale production, which may involve unforeseen costs or performance issues.

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