Comstock (LODE) Amends Its Partnership Deal With RenFuel
Comstock(LODE) ZACKS·2024-06-11 16:55
The amendments enable the liquidation of RenFuel's majority-owned subsidiary, RenFuel K2B Lignolproduktion AB. RenFuel formed the subsidiary to run its previously planned Swedish biorefinery as part of a joint venture with Preem. Comstock declined its option to step into the JV. Comstock aims to prioritize a number of opportunities for commercial facility construction in the Americas based on joint applications of Comstock and RenFuel technologies. This includes an initial 50,000 TPY facility and at least o ...