CoTec Holdings Corp. is pleased to announce that it has filed its audited annual financial statements and the accompanying management discussion and analysis for the financial year ended December 31, 2024. The Company reported net income of $0.5 million and net loss of $0.2 million for the quarter and the year, respectively. Julian Treger, CoTec CEO commented; "2024 was a transformative and exciting year for CoTec during [...]
CoTec Holdings Corp. is pleased to announce it has appointed "403 Drilling Limited" to complete its 2025 drilling program to support the expansion of the previously announced PEA mineral resource estimate at the Lac Jeannine Property in Québec . As part of this program, the company will also secure bulk material for further testing of the potential incorporation of the Multi-Gravity Separators Salter technology into the [...]
CoTec Holdings Corp. is pleased to announce that the Company's CEO, Julian Treger, will host an investor update on Thursday, April 24, 2025, at 7:30am PDT / 10:30pm EDT. A Q&A period will follow the presentation. Investors that want to attend the presentation may do so by clicking here to register. Should the above link not work, please copy and paste the following link to your browser [...]
CoTec Holdings and Mkango Resources are pleased to announce that U.S.-based PegasusTSI and Canada-based BBA USA Inc. have been engaged to complete the HyProMag USA engineering, procurement and construction management services for HyProMag USA's advanced stage rare earth magnet recycling and manufacturing project. The award of the EPCM contract follows the Nov 2024 completion of the base case Feasibility Study for HyProMag [...]
CoTec Holdings Corp. is pleased to announce that it has updated its investor presentation to reflect the significant progress the Company has made in the execution of its strategy. Investors can access the presentation on the Company's website at: https://cotec.ca/_resources/presentations/corporate-presentation.pdf?v=032602 Julian Treger, CoTec CEO commented; "We continue to make significant progress towards our goal of [...]
CoTec Holdings Corp. is pleased to notice President Trump's Presidential Executive Order "Immediate Measures to Increase American Mineral Production in the United States."[i] The Executive Order directs government agencies to immediate action to facilitate domestic mineral production to the maximum extent possible. CoTec's U.S. based technology and asset portfolio targets supplying the United States with critical minerals [...]
CoTec Holdings Corp. is pleased to announce that the Company's CEO, Julian Treger, will host an investor update on March 14, 2025, at 9:00am PDT / 12:00pm EDT. A Q&A period will follow the presentation. Investors that want to attend the presentation may do so by clicking here to register. Should the above link not work, please copy and paste the following link to your browser [...]
CoTec Holdings Corp. and Mkango Resources Ltd. are pleased to announce that HyProMag USA LLC will expand the upcoming detailed design phase of its U.S. permanent magnet recycling and manufacturing project to include three HPMSi vessels. In addition, and concurrently, HyProMag USA will begin conceptual studies to evaluate further expansion to triple the capacity of the Project, versus that envisaged in the Feasibility [...]
CoTec Holdings Corp. and Mkango Resources Ltd. are pleased to announce the completion of an independent, Product Carbon Footprint analysis conducted in accordance with ISO 14067:2018 by Minviro Limited for HyProMag USA LLC. , which is developing a major new domestic source of recycled rare earth permanent magnets in Texas, United States. Minviro confirmed a PCF of 2.35 kg of CO2 eq. per kg of NdFeB cut sintered block [...]
CoTec Holdings Corp. is pleased to announce an amendment to its convertible loan agreement dated November 19, 2024 with Kings Chapel International Limited . Pursuant to the amendment, the principal amount available to the Company under the Convertible Loan Agreement has been increased by up to $2.5 million. The outstanding principal amount of the loan bears interest at an annual rate of 10% and is repayable, together with [...]
CoTec Holdings Corp. is pleased to announce the signing of a binding long-term exclusivity and collaboration agreement with Salter Cyclones Limited for the application of its Multi-Gravity Separators technology for the recovery of iron ore and manganese from both primary mining and tailings material. Salter's MGS technology was originally developed in the 1980s by Richard Mozley and has been in operation for many years [...]
CoTec Holdings Corp. is pleased to announce it has entered into a joint collaboration and investigation agreement with McGill University, Québec, Canada . The Project, "WaveCrackerTM" will investigate extended applications of microwave technologies with the aim of improving low-carbon, economic recovery of valuable metals from a range of mineral targets, with a starting focus on Copper recoveries particularly in advanced [...]