Comstock Fuels Executes International License Agreement
Comstock Inc. (LODE)
NASDAQ:AMEX Investor Relations:
comstockmining.com/investors/investor-relations
Company Research
Source: GlobeNewswire
VIRGINIA CITY, Nev., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced execution of a binding agreement between Comstock Fuels Corporation (“Comstock Fuels”) and SACL Pte. Limited (“SACL”), a Singapore-based renewable fuel project developer, engaged in the delivery of several biofuel production facilities and hybrid renewable energy projects under which Comstock Fuels agreed to grant SACL an exclusive marketing agreement for Comstock Fuels’ advanced lignocellulosic biomass refining processes in Australia and New Zealand. Early Adopter License Terms SACL and its associated stakeholders have identified three initial sites for the construction of three refineries based on Comstock’s industry leading yields and decarbonizing impacts, including (1) a 250,000 metric ton per year (“MTPY”) refinery located in southeastern Australia, (2) a 250,000 MTPY refinery located in northwest Australia, and (3) a 750,000 MTPY refinery located
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