Comstock Metals has secured a long-term lease on a 100,000 square foot, industry-facility located at 600 Lake Avenue, Silver Springs, Nevada (the ?Facility?). The Facility will deploy the capacity for processing up to 100,000 tons per year of end-of-life solar panels, located on the same campus as the currently operating demonstration facility. Comstock Metals recently received unanimous approval for a conditional use permit (?CUP?) from the Lyon County, Nevada, Board of County Commissioners, for the operations and material storage of solar panels at this Facility.

This permit accelerated activities deploying the first-of-its-kind, regional solar panel recycling operation.