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An update from EastCoal ( (TSE:CTH) ) is now available.
CoTec Holdings Corp. and Mkango Resources Ltd. have engaged PegasusTSI Inc. and BBA USA Inc. to provide engineering, procurement, and construction management services for HyProMag USA’s rare earth magnet recycling and manufacturing project in Dallas-Fort Worth, Texas. This project aims to supply 10% of the U.S. domestic demand for NdFeB magnets within five years, contributing to a more robust rare earth supply chain and reducing reliance on foreign sources. The initiative is expected to create significant job opportunities and strengthen the U.S. magnet sector.
More about EastCoal
YTD Price Performance: 9.38%
Average Trading Volume: 15,690
Technical Sentiment Signal: Sell
Current Market Cap: C$49.72M
Learn more about CTH stock on TipRanks’ Stock Analysis page.