COTEC HOLDINGS CORP Stock Price, News & Analysis

CoTec (OTCQB:CTHCF) reports HyProMag USA completed a Class 2 AACE detailed design for its Texas Hub, increasing magnet capacity and improving project economics.

Key metrics: post-tax NPV US$409M and 27.6% IRR at current prices; post-tax NPV US$780M and 38.7% IRR at forecast prices. Annual payable capacity is 1,552 t NdFeB (941 t magnets + 611 t co-products). Initial capex is US$142M, payback ~3.1 years at current prices, very low carbon footprint 2.35 kg CO2-eq/kg. HyProMag USA has started a strategic review for a potential U.S. listing in late 2026 or early 2027, subject to execution, financing and approvals.

CoTec (OTCQB:CTHCF) noted that HyProMag USA finalized a long-term lease for a 128,000 sq ft Texas facility at Ironhead Commerce Center in Dallas-Fort Worth to recycle and remanufacture rare-earth permanent magnets. The site sits next to BNSF intermodal rail and Alliance airport and will occupy 50% of Building 1. HyProMag USA plans to use the licensed HPMS hydrogen processing technology and aims to commission the Texas Facility by mid-2027, subject to final permitting and financing. The project expects to create ~90–100 skilled jobs, will act as a central hub for a hub-and-spoke network with pre-processing sites in Nevada and South Carolina, and has a feedstock partnership with Intelligent Lifecycle Solutions, which is stockpiling magnet-bearing materials.

CoTec (OTCQB:CTHCF) said its ~16.5% investee MagIron completed independent pilot plant testing with NRRI on November 26, 2025, validating a new flowsheet.

The flotation pilot produced DR-grade concentrate 68.3% Fe (post-LOI) with 83.5% iron recovery and BF-grade 66.4% Fe with 85.9% iron recovery, versus the original Plant 4 recovery of 40.0%. Results will feed an upcoming NI 43-101 resource/reserve and an independent feasibility study by Behre Dolbear expected shortly.

CoTec Holdings (TSXV:CTH / OTCQB:CTHCF) filed unaudited interim condensed consolidated financial statements and MD&A for the three and nine months ended September 30, 2025. Key operational updates include >25% completion of detailed design and engineering at HyProMag USA, expansion planning from one to three U.S. hubs, and completion of the Lac Jeannine 2025 infill and expansion drill program with assays expected in Q1 2026. Corporate highlights include a $13.5 million LIFE financing (35% oversubscribed), new $6.6 million convertible facilities undrawn, conversion of $6.851 million prior loans to equity, and $5.8 million cash at quarter-end. Net loss was approximately $2.9 million for the quarter and $8.1 million year-to-date.

CoTec Holdings (OTCQB:CTHCF) noted HyProMag USA's extension of a feedstock supply agreement with Intelligent Lifecycle Solutions (ILS) to secure and store NdFeB feedstock from HDDs at ILS pre-processing sites in Williston, SC and Reno, NV.

ILS will expand procurement to rotors from electric motors, wind turbine magnets, speaker assemblies and MRIs. HyProMag USA and ILS formed a joint Technical Procurement team to onboard Inserma's 3rd generation HDD magnet separation system, with machine delivery to ILS sites targeted by end of December 2025. HyProMag USA's advanced-stage magnet recycling and manufacturing plant is planned for Fort Worth, TX.

CoTec Holdings (TSXV:CTH | OTCQB:CTHCF) appointed Josée Méthot as an Independent Board Director of CoTec Québec, effective November 11, 2025. The appointment adds provincial mining and sustainability experience to support the Lac Jeannine Project, which is advancing through a Feasibility Study. Méthot previously led the Québec Mining Association, holds an MBA from HEC Montréal and a Chemical Engineering degree from McGill, and serves on the board of the Institut national des mines du Québec.

This move is presented as strategic for project development and critical-mineral supply chain support in Québec.

CoTec (TSXV:CTH • OTCQB:CTHCF) will host an investor update on November 19, 2025 at 7:00 AM PST / 10:00 AM EST presented by CEO Julian Treger. The presentation will cover progress on the HyProMag USA project, purchase of Inserma pre-processing units for Texas, Nevada and South Carolina rare earth magnet recycling hubs, advancement of CoTec Québec and the Lac Jeannine Iron Tailings Project, engagement of BBA Inc. for the Lac Jeannine feasibility study, and the company’s North American growth outlook.

A Q&A will follow; investors can register via the provided webinar link.

CoTec Holdings Corp (OTCQB:CTHCF, TSX-V:CTH) entered an investor relations agreement with Alliance Advisors Investor Relations dated October 30, 2025. The engagement begins for an initial period of three months at a fee of $9,500 USD per month to provide investor relations, public/media relations, social media and stakeholder communications support.

Either party may terminate after the initial term with 30 days written notice. Alliance Advisors IR declared it has no interest in CoTec securities and no securities will be issued as compensation. The agreement is pending approval by the Toronto Venture Exchange (TSX-V). Contact: Alyssa Barry, abarry@allianceadvisors.com, 1-833-947-5227.

CoTec Holdings (TSXV:CTH / OTCQB:CTHCF) announced the formation of a wholly owned subsidiary, CoTec Québec, to speed investment activity in Québec on October 30, 2025. The subsidiary will lead development of the Lac Jeannine project as it progresses through its Feasibility Study and will pursue other Québec opportunities.

CoTec said CoTec Québec will execute an engagement plan with the Government of Québec, local stakeholders and First Nations and target recovery of economic potential from historical tailings to support the green steel supply chain.