Comstock Inc. and its subsidiary Comstock Metals have been awarded approximately $900,000 in tax abatements from the Nevada Governor’s Office of Economic Development (GOED).
The incentives support Comstock Metals’ solar panel recycling and critical metal production facility, set to begin operations in the second quarter of 2026. The facility will have an initial capacity to recycle approximately 3.3 million panels, or about 100,000 tons of material, annually.
The company recently obtained all remaining state permits for its processes at its Silver Springs site and is currently running a pilot facility.
As part of the abatement program, Comstock Metals will create at least 43 jobs and invest more than $12 million in capital within the first year of operations. The GOED expects the facility to generate more than $7 million in net new tax revenue for the state of Nevada over the next ten years.
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