Comstock Expands Global Reach With Renewable Fuel Deal In Pakistan: Details

Benzinga2024-12-31

Comstock Inc. (AMEX:LODE) shares are trading higher premarket on Tuesday. On Monday, the company disclosed the execution of a binding agreement between Comstock Fuels Corporation and Gresham’s Eastern...

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(AMEX:LODE) shares are trading higher premarket on Tuesday.\nOn Monday, the company disclosed the execution of a binding agreement between Comstock Fuels Corporation and Gresham’s Eastern...</p>\n\n<a href=\"https://finance.yahoo.com/news/comstock-expands-global-reach-renewable-133807625.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Comstock Expands Global Reach With Renewable Fuel Deal In Pakistan: Details</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nComstock Expands Global Reach With Renewable Fuel Deal In Pakistan: Details\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-31 21:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/comstock-expands-global-reach-renewable-133807625.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Comstock Inc. (AMEX:LODE) shares are trading higher premarket on Tuesday.\nOn Monday, the company disclosed the execution of a binding agreement between Comstock Fuels Corporation and Gresham’s Eastern...</p>\n\n<a href=\"https://finance.yahoo.com/news/comstock-expands-global-reach-renewable-133807625.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4017","symbol_name":"黄金","start_time":0,"source_url":"https://finance.yahoo.com/news/comstock-expands-global-reach-renewable-133807625.html","article_id":"2495618127","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2495618127","pubTimestamp":1735652287,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Comstock Inc.  shares are trading higher premarket on Tuesday.On Monday, the company disclosed the execution of a binding agreement between Comstock Fuels Corporation and Gresham’s Eastern  Ltd in Pakistan.As per the deal, Comstock Fuels agreed to grant Gresham’s exclusive project and site development rights in Pakistan.This will enable Gresham’s to deploy Comstock Fuels’ proprietary and patented lignocellulosic biomass refining technologies to produce sustainable aviation fuel and other renewable fuels in Pakistan.Gresham will oversee the development, financing, construction, and management of renewable fuel facilities utilizing Comstock Fuels’ proprietary Bioleum refining technologies.Each refinery will operate under a site-specific license to meet Comstock Fuels’ performance and quality standards.In return, Comstock Fuels will receive a 20% equity stake in each Bioleum Refinery, along with royalties of 6% on product sales and engineering fees equal to 6% of the total capital and con","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4017":"黄金","BK4193":"多样化房地产活动","CHCI":"康斯托克住宅建筑","LODE":"Comstock Mining","BK4138":"石油与天然气的炼制和营销"},"translate_title":"康斯托克通过巴基斯坦可再生燃料交易扩大全球影响力：详情","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHCI":1,"LODE":0.9},"content_text":"Comstock Inc. (AMEX:LODE) shares are trading higher premarket on Tuesday.\nOn Monday, the company disclosed the execution of a binding agreement between Comstock Fuels Corporation and Gresham’s Eastern (Pvt) Ltd in Pakistan.\nAs per the deal, Comstock Fuels agreed to grant Gresham’s exclusive project and site development rights in Pakistan.\nThis will enable Gresham’s to deploy Comstock Fuels’ proprietary and patented lignocellulosic biomass refining technologies to produce sustainable aviation fuel and other renewable fuels in Pakistan.\nGresham will oversee the development, financing, construction, and management of renewable fuel facilities utilizing Comstock Fuels’ proprietary Bioleum refining technologies.\nEach refinery will operate under a site-specific license to meet Comstock Fuels’ performance and quality standards.\nIn return, Comstock Fuels will receive a 20% equity stake in each Bioleum Refinery, along with royalties of 6% on product sales and engineering fees equal to 6% of the total capital and construction costs.\nGresham plans to establish a demonstration facility in Lahore, Pakistan, with an annual biomass processing capacity of 75,000 metric tons.\nThis facility will generate critical operational and economic data to scale up to a commercial plant capable of processing 1 million metric tons per year.\nThe initiative aims to meet growing global demand for sustainable aviation fuel production, positioning Pakistan as a key player in renewable fuels.\nGresham intends to utilize locally sourced agricultural and forestry residues along with sustainably grown energy crops, unlocking significant export potential.\nThe project supports Pakistan’s goal of achieving 60% renewable energy by 2030.\nPrice Action: LODE shares are up 1.29% at $0.8920 premarket at the last check Tuesday.\nRead Next:\n\nComstock Fuels Lands $3 Million Boost To Build Next-Gen Renewable Refinery In Oklahoma: Details\n\nImage via Shutterstock.\nUNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets.\nGet the latest stock analysis from Benzinga?\n\nCOMSTOCK (LODE): Free Stock Analysis Report\n\nThis article Comstock Expands Global Reach With Renewable Fuel Deal In Pakistan: Details originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. 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