Comstock Inc. (NYSE American: LODE) outlined its solar panel recycling operations at the Water Tower Research Virtual Insights Conference, with Chief Executive Officer Corrado De Gasperis noting the plant runs continuously, 24 hours a day, seven days a week, and has a capacity of 3.3 million panels per year from its single installed line. He said reaching a 25 % utilization rate by the end of the fourth quarter would shift the facility from a cash‑burner to positive cash generation.
The company’s stock closed at $2.62 on September 21, down 1.13 % (‑$0.03), having risen nearly 11 % over the prior week but fallen 27 % year‑to‑date. Market capitalization stands at $204 million, trailing twelve‑month revenue is $1 million, and analysts forecast 304 % revenue growth for fiscal 2026.
Technology readiness has progressed from TRL7 to industrial‑scale TRL8. More than 4 million solar panels reach end‑of‑life each year, a figure expected to increase five‑ to ten‑fold over the next five to ten years. Utility‑scale operators RWE and NextEra Energy together represent more than 80 % of the addressable market. A downstream pilot recovers silver at a rate of one ton per day, with hard evidence and technical‑economic feasibility results anticipated before year‑end.
Monetization of the Sierra Springs asset is projected to unfold over the next three to four months, and management estimates a two‑ to three‑year lead before competitors can develop comparable contamination‑removal processes.
