Comstock fuels completes financing with marathon petroleum

Oklahoma city, feb. 28, 2025 (globe newswire) -- comstock inc. (nyse: lode) today announced a new investment and strategic collaboration with marathon petroleum corporation (nyse: mpc) to advance its lignocellulosic biomass refining solutions to commercial maturity. comstock fuels corporation (“comstock fuels”), a subsidiary of comstock inc., has entered into a series of definitive agreements with subsidiaries of marathon petroleum corporation (“marathon”), involving the purchase of $14,000,000 in comstock fuels equity (“investment”).
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