Group 1 - MTM Critical Metals Ltd has successfully recovered high-grade antimony from U.S.-sourced electronic waste using its proprietary Flash Joule Heating technology, achieving a 98% conversion rate and yielding 3.13% antimony concentration, which exceeds typical global mine grades of 0.1% to 1.0% [1][2][3] - The recovery of antimony is aligned with the U.S. critical minerals strategy, as antimony is vital for industries such as munitions, semiconductors, and battery manufacturing, while the U.S. currently relies heavily on imports from China [2][3] - The results validate the strategic importance of recovering critical metals from e-waste and support ongoing discussions with U.S. government stakeholders for potential funding [3] Group 2 - MTM Critical Metals specializes in advanced metal recovery technologies and holds exclusive licensing rights to the Flash Joule Heating technology developed by Rice University [4] - The company has secured a pre-permitted demonstration site in Texas and is engaging with U.S. agencies to scale operations [3][4] - MTM also holds exploration assets for niobium, rare earth elements, and gold, located in Western Australia and Quebec [4]

Summary of Comstock's Investor Conference Call Company Overview - Comstock Inc. is listed on the NYSE American under the ticker symbol LODE [2] - The company operates three main business segments: Comstock Metals, Comstock Mining, and Comstock Real Estate [3] Business Segments Comstock Metals - Comstock Metals focuses on recycling waste solar panels into reusable materials, a process referred to as "urban mining" [7] - The company has a fully operational facility capable of processing 3,300,000 panels per year, with plans to expand to an industry scale of 100,000 tons of production capacity annually [10][11] - The recycling process is highly efficient, with a production rate of one panel every seven seconds, and a profit margin exceeding 80% [16] Silver Market Dynamics - There is currently a significant imbalance in the silver market, with over 200 million ounces more demand than supply, driven by increased industrial use, particularly in electrification and solar panel deployments [9] - Silver prices have recently surged to $33 per ounce, which is expected to benefit Comstock's mining operations [17] Comstock Mining - The company holds 12 square miles of mineral properties in Northern Nevada, historically known as the Comstock Lode, which was once the largest silver district in the U.S. [17] - The cash flow potential from these mining assets is projected to be in the hundreds of millions of dollars over the next five years [18] Biolium Corporation - Comstock has separated its waste-to-fuel business into a new entity called Biolium Corporation, which focuses on converting biomass into high-yield biofuels [19] - Biolium has developed a unique process that can extract over 100 gasoline gallon equivalents per ton from woody biomass, significantly higher than industry standards [21] - The company has secured investment from Marathon Petroleum and is building its first facility in Oklahoma, supported by $3 million in state funding and $152 million in tax-free municipal bonds [25][26] Market Position and Future Outlook - Comstock aims to become the leading recycler of solar panels in the U.S. and potentially globally [28] - The company believes that each of its business segments has significant valuation potential, with estimates ranging from billions for renewable fuels to hundreds of millions for mining assets [29] - Comstock is re-entering capital markets to attract investors interested in its growth profile, focusing on revenue, metal production, and cash flow growth [30] Key Takeaways - Comstock is strategically positioned in the metals and mining sector, with a strong focus on sustainability through recycling and renewable fuels [29] - The company is leveraging its historical assets while innovating in new technologies to meet growing market demands [28][29]