Comstock poised for 'exponential growth' in decarbonization and the energy transition
Vancouver
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August 15, 2023 01:50 PM Eastern Daylight Time
Comstock Inc executive chairman and CEO Corrado DeGasperis joined Proactive's Stephen Gunnion with more detail about the company that has transitioned from a historical gold and silver producer to an innovator of technologies that enable systemic decarbonization and the energy transition.
DeGasperis explained that the company is engaged in three key sectors: renewable fuels, renewable metals, and physics-based AI technology, emphasizing partnerships with major renewable oil and gas companies and the imminent commercialization of the company's ventures.
Comstock's breakthrough technology can convert waste wood into bio intermediaries, enabling the production of carbon-neutral fuels like drop-in gasoline, renewable diesel, and sustainable aviation fuel. This has the potential to disrupt the renewable fuel industry by using abundant waste wood feedstocks, solving the bottleneck caused by expensive vegetable oils, he added.
DeGasperis also discussed Comstock's second-quarter 2023 results, which show the company is positioned for "explosive, exponential growth that will span decades."
Upcoming catalysts, including potential commercial agreements, are poised to solidify Comstock's position as a leader in the energy transition market.
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