Welcome to our dedicated page for COTEC HOLDINGS news (Ticker: CTHCF), a resource for investors and traders seeking the latest updates and insights on COTEC HOLDINGS stock.
News for CoTec Holdings Corp. (CTHCF) centers on its activities in rare earth magnets, strategic materials and critical mineral recycling and extraction. Company announcements frequently highlight developments at portfolio companies and joint ventures, reflecting CoTec’s role as a holding company focused on building a platform across resource extraction and recycling.
A major recurring theme in CoTec’s news flow is its majority interest in HyProMag USA LLC, a U.S.-based rare earth permanent magnet recycling and manufacturing venture. Updates have covered feasibility and engineering studies for the planned Texas Hub, the finalization of a long-term lease for a rare earth magnet recycling and manufacturing facility in the Dallas–Fort Worth area, and concept studies for expansion into South Carolina and Nevada. News items also discuss HyProMag USA’s use of HPMS technology licensed to HyProMag Limited and its evaluation of a potential U.S. public listing.
CoTec’s news releases also regularly report on its investment in MagIron LLC, which is advancing a U.S.-based iron ore and metallics strategy. Coverage includes MagIron’s acquisition of the Reynolds Pellet Plant in Indiana, iron ore mining leases in Minnesota, pilot plant test results, and feasibility work related to restarting Plant 4 and producing DR-grade pellets and potentially merchant pig iron.
Investors following CTHCF news can expect updates on portfolio milestones, feasibility and valuation studies, project leases and expansions, and strategic reviews such as the exploration of a U.S. listing for HyProMag USA. This page aggregates those announcements so readers can monitor how CoTec’s investments in rare earth magnets, iron ore and tailings reprocessing evolve over time.
CoTec (OTCQB:CTHCF / TSXV:CTH) said MagIron completed the purchase of the Reynolds Pellet Plant near Reynolds, Indiana on December 31, 2025, under the Asset Purchase Agreement.
CoTec holds 16.5% equity in MagIron on a fully diluted basis. The plant is described as a "restart-ready" straight-grate pelletizer that benefited from approximately $440 million of prior investment. MagIron plans to implement a restart strategy targeting Electric Arc Furnace (EAF) steelmakers and pursue merchant pig iron development.
CoTec (OTCQB:CTHCF) noted that MagIron entered a binding Asset Purchase Agreement to acquire the Reynolds Pellet Plant near Reynolds, Indiana, with expected close before December 31, 2025. The facility previously ran at ~2.2 mtpa pellets and can expand to 3.0 mtpa with limited capital; the site benefits from ~$440 million of prior investment.
After closing, MagIron would own an integrated portfolio (concentrator, rail loadout, pelletizer) originally built at ~$660 million, supporting a strategy to produce DR-grade pellets and evaluate downstream granulated merchant pig iron with Primetals Technologies. MagIron aims to be the U.S.'s first merchant pig iron producer, reducing import reliance and serving automotive, aerospace and defense supply chains.
CoTec Holdings (OTCQB:CTHCF) said it owns 16.5% of MagIron on a fully diluted basis and highlighted MagIron's December 18, 2025 announcement that the State of Minnesota approved five new iron ore mining leases on December 2, 2025.
The five leases are effective January 1, 2026, run for 20 years, cover 760 acres in Itasca County, and grant rights to explore, mine and process hematite iron formation. MagIron says the leases align with its proprietary process to upgrade oxidized iron into Direct Reduction (DR) grade iron ore concentrate for the U.S. electric arc furnace steel sector.
CoTec noted the leases, combined with existing stockpiles, tailings, private mineral agreements and other mineral rights, strengthen MagIron's restart plans for Plant 4 to supply low-carbon, domestically sourced iron units to U.S. steelmakers.
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.