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CoTec Holdings ( (TSE:CTH) ) just unveiled an update.
CoTec Holdings Corp. has completed its 2025 sonic drilling and bulk sampling program at the Lac Jeannine Iron Tailings Project in Québec, Canada. The company has engaged Corem for metallurgical testing and is in the process of appointing an EPCM provider for a feasibility study, expected to begin in Q3 2025. This study aims to enhance the resource estimate and potentially unlock additional material for reprocessing, contributing to the production of high-purity iron concentrates for the green steel industry. The project, which includes the application of new technology for iron ore recovery, could significantly extend the life of the mine and offer substantial economic benefits.
More about CoTec Holdings
CoTec Holdings Corp. is a company focused on redefining resource extraction and recycling, particularly in rare earth magnets and strategic materials. The company integrates breakthrough technologies with strategic assets to create secure, sustainable, and low-cost supply chains for the United States and its allies. CoTec aims to accelerate the energy transition and strengthen U.S. economic and national security by transforming marginal assets, tailings, waste streams, and recycled products into high-value critical minerals.
Average Trading Volume: 40,041
Technical Sentiment Signal: Buy
Current Market Cap: C$96.11M
For an in-depth examination of CTH stock, go to TipRanks’ Overview page.