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.
CoTec Holdings Corp (CTHCF) operates at the intersection of mineral extraction innovation and sustainable resource recovery. This news hub provides investors with essential updates on the company's operational milestones, technological advancements, and strategic partnerships in rare earth magnet recycling and low-carbon mineral processing.
Access authoritative reporting on CTHCF's deployment of patented technologies like the HPMS system, project developments including HyProMag USA, and financial performance indicators. Our curated news collection serves as your primary source for tracking the company's progress in transforming mining waste streams into valuable resources through environmentally conscious methods.
Key updates cover earnings announcements, joint venture formations, recycling technology validations, and operational expansions. Bookmark this page for streamlined access to verified information about CoTec's initiatives in sustainable metal recovery and its role in advancing circular economy solutions for the mining sector.
CoTec Holdings Corp. (CTHCF) has provided an operational update highlighting its transition from investment to project implementation. The company completed two independent technical studies in 2024, setting the foundation for revenue generation targeted for early 2027.
Key developments include the HyProMag USA permanent magnet recycling project, valued at US$262 million NPV7% with 23% IRR, and the Lac Jeannine iron ore tailings facility in Quebec, with US$59.5 million NPV7% and 30% IRR. The Lac Jeannine project has defined an Initial Inferred Mineral Resource of 73 million tonnes at 6.7% total Fe.
The company secured a CAD$4.5 million convertible loan facility and reported significant insider buying with directors and management acquiring over 600,000 shares in H2 2024. CoTec's 2025 targets include appointing an EPCM contractor for HyProMag USA, completing detailed design, and securing project financing.
CoTec Holdings Corp (TSXV:CTH)(OTCQB:CTHCF) announced on February 18, 2025, that Crystal Research Associates has published a 70-page paid Executive Informational Overview® (EIO) report on the company. The report is available on CoTec's website, Crystal Research Associates' website, and various financial distribution platforms. Crystal Research Associates has a track record of over two decades in presenting small- and mid-cap companies to Wall Street investors.
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) has announced its participation in the 2025 Mining Conference: Mining & Supplying Critical Minerals & Precious Metals. The company's CFO, Braam Jonker, will present at the conference on Thursday, January 16th, 2024, at 9:00 a.m. E.T.
The conference, presented by Maxim Group , will feature virtual conversations hosted by Tate Sullivan, Senior Research Analyst at Maxim Group, focusing on identifying future trends in mining and supplying critical minerals and precious metals. The event will be streamed live on M-Vest, with attendance requiring M-Vest membership registration.
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) has announced an advertising and investor awareness campaign partnership with Investing News Network (INN), pending TSX Venture Exchange approval. The six-month campaign, valued at approximately $26,000, aims to increase issuer awareness. INN, a Vancouver-based private company operating since 2007 through www.investingnews.com, specializes in providing independent news and education to investors. The agreement specifically excludes Investor Relations and Market Making services. INN currently holds no securities in CoTec.
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) held its annual and special meeting of shareholders, where all resolutions were passed by requisite majority. Shareholders re-elected five incumbent directors: Julian Treger, Raffaele Genovese, Tom Albanese, Margot Naudie, and Sharon Fay. Additionally, two new directors, Erez Ichilov and Robert Harward, were elected to the Board. The meeting also resulted in the re-appointment of PricewaterhouseCoopers LLP as company auditors and the confirmation of the company's omnibus equity incentive plan.
HyProMag presented its rare earth magnet recycling and manufacturing projects at the Minerals Security Partnership (MSP) meeting in Brussels. The company is commercializing the patented Hydrogen Processing of Magnet Scrap (HPMS) technology across multiple regions: United Kingdom and Germany (2025), and United States (2027). The HPMS technology, developed at the University of Birmingham Magnetic Materials Group, has received approximately US$100 million in R&D funding.
The technology offers significant competitive advantages over other recycling methods by effectively addressing the challenge of extracting magnets from end-of-life scrap streams. HyProMag was among the first projects selected by MSP for support due to its potential in developing responsible critical mineral supply chains.
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) has initiated the process to appoint a drilling contractor for expanding its mineral resource estimate at the Lac Jeannine Property in Québec. The company received approval from Québec's MNRF for its closure plan regarding the 2025 exploration drilling campaign.
The project's technical report from August 2024 indicated a pre-tax NPV of US$93.6 million with 38% IRR, and an after-tax NPV of US$59.5 million. The current resource estimate shows approximately 73 million tonnes at 6.7% total Fe for 4.9 Mt of contained total Fe. The planned drilling aims to improve confidence in existing estimates and expand the resource estimate across the entire facility.
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) has engaged Peter Epstein to provide investor relations services, pending TSX Venture Exchange approval. The engagement terms include a monthly compensation of US$2,000 for an initial six-month period, with potential extension upon mutual agreement. Epstein currently holds no direct or indirect interest in the company's securities.
CoTec Holdings Corp (TSXV:CTH)(OTCQB:CTHCF) announces alternative voting procedures for its upcoming annual general and special meeting on December 13, 2024, due to Canada's nationwide postal strike. The meeting will be held virtually at 11:00 AM Toronto time.
Shareholders will vote on: financial statements review for fiscal year 2023, director elections, auditor appointment, and equity incentive plan approval. Meeting materials are available on SEDAR+ and the company website. Shareholders can access voting materials through Computershare's call center or online voting platform. Objecting beneficial shareholders should contact their brokers for voting instructions.
HyProMag USA has initiated a Request for Proposal process to select an Engineering, Procurement and Construction Management (EPCM) provider for its rare earth magnet recycling and manufacturing project in the United States. This follows a positive feasibility study announced on November 25, 2024.
The detailed engineering design phase will support the development of an AACE Class 1 capital cost estimate and final site selection in H1 2025. The project targets initial revenue in Q1 2027, with a Notice to Proceed decision expected mid-2025.
The project focuses on recycling end-of-life NdFeB magnets into new sintered NdFeB magnets, supported by the Minerals Security Partnership. HyProMag USA is owned 50:50 by CoTec and Maginito, with Maginito being owned 79.4% by Mkango and 20.6% by CoTec.