GSP - Comstock poised for 'exponential growth' in decarbonization and the energy transition
(NewsDirect)
Comstock Inc executive chairman and CEOCorrado DeGasperis joined Proactive's Stephen Gunnion with moredetail about the company that has transitioned from a historical goldand silver producer to an innovator of technologies that enablesystemic decarbonization and the energy transition.
DeGasperis explained that the company isengaged in three key sectors: renewable fuels, renewable metals, andphysics-based AI technology, emphasizing partnerships with majorrenewable oil and gas companies and the imminent commercialization ofthe company's ventures.
Comstock's breakthrough technology can convert waste woodinto bio intermediaries, enabling the production of carbon-neutralfuels like drop-in gasoline, renewable diesel, and sustainableaviation fuel. This has the potential to disrupt the renewable fuelindustry by using abundant waste wood feedstocks, solving thebottleneck caused by expensive vegetable oils, he added.
DeGasperis also discussed Comstock'ssecond-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 theenergy transition market.
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