Comstock(US:LODE) Newsfilter·2024-06-19 10:00Company Overview - Comstock Inc (NYSE: LODE) focuses on commercializing technologies for global decarbonization, including converting woody biomass into renewable fuels, end-of-life metal extraction, and advanced materials synthesis using generative AI [10] - The company operates Comstock Metals, a solar photovoltaic recycling facility in Nevada that delivers a 100% closed-loop, zero-landfill process [2] - Comstock has a strategic investment in Green Li-ion, a lithium-ion battery recycling technology company, since 2021 [8] Industry Developments - Green Li-ion has launched its first commercial-scale PCAM (precursor cathode active materials) facility in Atoka, Oklahoma, producing sustainable battery-grade materials from recycled batteries [1][7] - The battery recycling industry is addressing critical material needs for clean energy transition through domestic circular supply chains in North America and other regions [9] - Global battery material supply chains are under pressure, creating demand for reliable and environmentally sound recycling solutions [9] Strategic Partnerships - Comstock's Chairman and CEO participated in the ribbon-cutting event for Green Li-ion's new PCAM facility, highlighting the collaboration between the two companies [7] - Green Li-ion has secured funding from major international investors including Equinor Ventures, SOSV, EDP, Banpu NEXT, and Petronas [9] Technology Innovation - Green Li-ion's patented technology enables the conversion of spent batteries into battery-grade cathode and anode materials [7] - The company provides modular hardware solutions for on-site battery recycling capabilities, supporting manufacturers in building circular supply chains [9]