Comstock Inc. of Virginia City, Nevada has received unanimous conditional license from the Lyon County Commission of Nevada for its subsidiary LiNiCo Corp., based in McCarran, Nevada, to operate lithium batteries. announced that it had acquired An ion battery (LIB) pre-recycling storage facility in Moundhouse, Nevada.
The facility will be located on approximately 200 acres of industrial land. According to Comstock, the industrial park is one of the largest in the county of Lyon, has ample power and water, and has immediate access to the highway. It receives, sorts and stores used lithium-ion batteries, with capacity for expansion and potential shredding and separation operations.
The storage facility will support LiNiCo’s 137,000 square foot battery metal recycling facility at the Tahoe Reno Industrial (TRI) Center in Story County, Nevada.
“Receiving and storing these batteries is an integral part of the local supply chain for recycling these important metals,” said Corrado De Gasperis, LiNiCo Chairman and Chief Executive Officer. . “We are thrilled to support Lion County in securing this essential part of the ecosystem for receiving, storing and ultimately recycling waste LIBs.”
In September, LiNiCo received a written Hazardous Waste Recycling Permit from the Nevada Department of Environmental Protection allowing it to conduct LIB recycling and related operations at its TRI facility. The conditional use permit for the Moundhouse facility was his second of three the company is seeking to start a recycling business.
“LiNiCo’s technology is designed to meet this existing and rapidly expanding demand reality. [for LIB recycling] By ensuring profitability in the early stages of production,” says De Gasperis. “We are very pleased that he was able to obtain the second of the three major permits. We look forward to getting the temperament permit.”
The company holds rights to a portfolio of innovative processes that efficiently crush, separate, and condition LIB materials, while also developing new techniques for extracting lithium and graphite, and recovering them. finally reusing metal 99– percent– Pure precursor cathode active material.
