EastCoal (TSE:CTH) has released an update.
CoTec Holdings Corp. reports a net income of $9.8 million for the fiscal year 2023, highlighting significant investments in rare earth recovery and mining technology firms Maginito and Binding Solutions Limited, as well as the commencement of a feasibility study for expanding HyProMag technology in the USA. The year also saw the company enter an agreement for iron ore mining claims in Quebec and secure a substantial investment gain from Mineral Resources Limited’s backing of BSL.
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