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CoTec Holdings Corp. announced the filing of its audited annual financial statements for 2023, reporting a net income of $9.8 million. The company made various operational advancements, including investments in Maginito and Binding Solutions , engagement in the HyProMag USA Feasibility Study, and acquisition of Lac Jeannine iron ore mining claims. CoTec also secured a partnership with the Birmingham Centre for Strategic Elements and became a member of SAFE. CEO Julian Treger highlighted the successful year and the company's shift towards operational activities.
