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.
HyProMag USA is expanding its U.S. permanent magnet recycling project by including three HPMS vessels in the detailed design phase, up from the initially planned two vessels. The expansion requires an additional capital cost of US$7 million but increases the project's NPV7% to US$279 million at current market prices and US$593 million based on forecast prices.
The project includes a Texas Hub and two pre-processing facilities in South Carolina and Nevada. With the third HPMS vessel, annual production capacity will reach 750 metric tons of recycled sintered NdFeB magnets and 807 metric tons of NdFeB co-products over a 40-year operating life. The company aims to supply 10% of U.S. domestic NdFeB magnet demand within five years of commissioning.
Additionally, HyProMag USA is initiating concept studies to potentially triple the project's capacity and develop integrated long-loop chemical processing capabilities. A recent ISO-Compliant study confirmed the product's low carbon footprint of 2.35 kg CO2 eq. per kg of NdFeB cut sintered block product.
CoTec Holdings Corp. (CTHCF) and Mkango Resources announced the completion of an independent Product Carbon Footprint (PCF) analysis for HyProMag USA, a Texas-based recycled rare earth permanent magnets facility. The study, conducted by Minviro , revealed:
The facility demonstrates a remarkably low carbon footprint of 2.35 kg CO2 eq. per kg of NdFeB cut sintered block product, with an annual production capacity of 750 metric tons of sintered NdFeB magnets and 291 metric tons of co-products. The associated HPMS recycled NdFeB alloy powder shows a carbon footprint of 0.38 kg CO2 eq. per kg.
The project involves developing a 40-year rare earth magnet recycling facility in Dallas-Fort Worth, utilizing a 100,000 square feet pre-existing industrial unit. The operation includes two satellite spokes in Nevada and South Carolina, connected through intermodal transportation.
CoTec Holdings Corp. (CTHCF) and Mkango Resources announced the completion of an independent Product Carbon Footprint (PCF) analysis for HyProMag USA's recycled rare earth permanent magnets facility in Texas. The study, conducted by Minviro , revealed an exceptionally low carbon footprint of 2.35 kg CO2 eq. per kg of NdFeB cut sintered block product.
The facility, located in Dallas-Fort Worth, will have a 40-year operational life and an annual production capacity of 750 metric tons of sintered NdFeB magnets and 291 metric tons of associated co-products. The project utilizes the patented Hydrogen Processing of Magnet Scrap (HPMS) technology, which shows approximately 95% reduction in CO2 emissions compared to traditional mine-based production methods.
HyProMag USA is owned 50:50 by CoTec and Maginito, with the latter being owned 79.4% by Mkango and 20.6% by CoTec.
CoTec Holdings Corp. (TSXV:CTH) has announced an amendment to its convertible loan agreement with Kings Chapel International , increasing the principal amount by up to $2.5 million. The loan bears a 10% annual interest rate and matures on December 31, 2027.
The loan is convertible into common shares at CAD$0.75 per share at Kings Chapel's election or automatically when the 15-day volume weighted average trading price reaches CAD$1.00. Conversion restrictions prevent Kings Chapel and affiliates from owning more than 49% of outstanding shares.
As Kings Chapel is an insider and the transaction involves CEO Julian Treger's family trust, this represents a related party transaction, though exempt from certain MI 61-101 requirements due to transaction size and listing status.
CoTec Holdings Corp (TSXV:CTH)(OTCQB:CTHCF) has signed a binding long-term exclusivity and collaboration agreement with Salter Cyclones for their Multi-Gravity Separators (MGS) technology to recover iron ore and manganese from mining and tailings material.
The agreement grants CoTec a three-year exclusivity period for MGS application to iron ore globally and manganese in the US, South Africa, and Brazil, with potential extensions based on milestone achievements. Initial due diligence at the Lac Jeannine Project in Québec has shown promising results, achieving critical mineral status concentrate grades from ultra-fine iron tailings.
The technology targets millions of tonnes of tailings from ongoing and historical operations in major mining regions. CoTec aims to become a mid-tier producer of high-grade concentrate and plans to either acquire assets or enter joint ventures with existing operators. The strategy focuses on expediting early revenue through low capital, low carbon technologies and brownfield permitting processes.
CoTec Holdings Corp. (CTHCF) has entered into a joint collaboration agreement with McGill University to develop Project WaveCracker™, focusing on microwave technology applications for enhanced copper recovery. The project aims to improve low-carbon, economic metal recovery from mineral targets, particularly in advanced sulphide leaching applications.
The collaboration leverages McGill's 30-year expertise in mineral processing and microwave technologies research. The initiative will explore using microwaves to pre-condition copper sulphide waste materials before leaching, potentially increasing permeability and copper recoveries. This technology complements CoTec's existing Ceibo technology, which focuses on leaching low-grade primary copper sulphides and copper waste material.
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.