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Press Release

Comstock Presenting at the Inaugural Nevada Clean Energy & Transportation Conference

Published by Todd Bush on February 3, 2023

VIRGINIA CITY, Nev., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) ('Comstock' or the 'Company') is pleased to announce that Mr. Corrado De Gasperis, Executive Chairman and CEO, will attend the Nevada Clean Energy & Transportation Conference and participate in a three-person panel discussing manufacturing in the electrification supply chain. The Nevada Clean Energy & Transportation Conference kicks off today, February 2, at the Peppermill Resort in Reno, NV.

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'Manufacturing and recycling of critical battery grade minerals and metals are vitally important to sustainably reduce reliance on fossil fuels,' stated Mr. De Gasperis, Comstock Inc's executive chairman and chief executive officer. 'Nevada is naturally expanding its existing mining and metallurgical leadership into these technologically-advanced discovery, extraction and beneficiation processes.'

The Nevada Clean Energy & Transportation Conference is hosted by the Nevada Battery Coalition and the Nevada Clean Energy Forum. This new trade association is enabling the full potential of the lithium-ion battery supply chain in Nevada. Comstock participated in establishing the Nevada Battery Coalition with the following companies: 3PL, Albemarle, American Lithium Corp/Tonopah Lithium Corp, Aqua Metals, Cypress Development, Dragonfly Energy, Ioneer, Lithion Battery, Lithium Americas, NV Energy, Panasonic, and Tesla.

Comstock also recently announced an award by the U.S. Department of Energy ('DOE') of its $2,000,000 grant application to build a pre-pilot scale system to demonstrate one of Comstock's unique new pathways to produce renewable diesel, sustainable aviation fuel, gasoline, and marine fuel from forestry residues and other forms of lignocellulosic biomass at dramatically improved yield, efficiency and cost in comparison to known methods for decarbonizing transportation.

About Comstock

Comstock (NYSE: LODE) innovates technologies that contribute to global decarbonization and circularity by efficiently converting under-utilized natural resources into renewable fuels and electrification products that contribute to balancing global uses and emissions of carbon and through the deployment of more advanced mineral and material discovery technologies. To learn more, please visit www.comstock.inc.

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