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Comstock (LODE) Commences Renewable Metal Shipments & Sales
LODEComstock(LODE) ZACKS·2024-08-21 16:05

Comstock Inc. (LODE) and its subsidiary, Comstock Metals Corporation, have announced the first renewable metal shipments and sales . The company sold approximately 3,000 pounds of recycled, reusable aluminum and began regularly scheduled shipments. This initial sale exceeded LODE's expectations for secondary recovery, averaging more than 50 cents per pound for various aluminum scrap grades. In the second quarter of 2024, Comstock Metals successfully demonstrated its ability to process clean, completely sala ...