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CoTec Holdings ( (TSE:CTH) ) just unveiled an announcement.
CoTec Holdings Corp. has completed its 2025 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 seeking an EPCM provider for a feasibility study set to begin in Q3 2025. This initiative aims to increase the resource estimate and explore additional material for reprocessing, potentially doubling the project’s life without additional capital expenditure. The project is positioned to produce high-purity iron concentrates for the green steel industry, aligning with CoTec’s strategic focus on sustainable resource extraction and recycling.
More about CoTec Holdings
CoTec Holdings Corp. is a company focused on redefining the future of resource extraction and recycling, particularly in rare earth magnets and strategic materials. It 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 while enhancing U.S. economic and national security by investing in disruptive technologies that transform 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
Find detailed analytics on CTH stock on TipRanks’ Stock Analysis page.