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CoTec and McGill University Collaborate on Innovative Copper Extraction Technology

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CoTec and McGill University Collaborate on Innovative Copper Extraction Technology

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EastCoal ( (TSE:CTH) ) has provided an update.

CoTec Holdings Corp. has announced a joint collaboration with McGill University to explore the use of microwave technology in enhancing sulphide copper leaching processes. The project, named WaveCracker, aims to improve the low-carbon, economic recovery of valuable metals, particularly focusing on copper. This collaboration leverages McGill’s extensive experience in mineral processing and aims to develop microwave pre-conditioning to increase permeability and copper recoveries, potentially positioning CoTec as a leader in sustainable copper extraction.

More about EastCoal

CoTec Holdings Corp. is a publicly traded investment issuer listed on the Toronto Venture Stock Exchange and OTCQB, focusing on revolutionizing the global metals and minerals industry through innovative, environmentally sustainable technologies and strategic asset acquisitions. The company aims to drive the sector toward a low-carbon future by investing in disruptive mineral extraction technologies and applying these to undervalued mining assets.

YTD Price Performance: 4.69%

Average Trading Volume: 19,769

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$47.59M

For detailed information about CTH stock, go to TipRanks’ Stock Analysis page.

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