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CoTec Holdings ( (TSE:CTH) ) has issued an announcement.
CoTec Holdings Corp. has formed a wholly owned subsidiary, CoTec Copper, to accelerate investments in copper tailings and copper sulfide deposits globally. The new unit will focus on deploying CoTec’s maturing portfolio of extraction and processing technologies to unlock economic value from historical tailings sites and redundant deposits in established Tier 1 copper districts, initially targeting brownfield opportunities in the United States, Australia and Africa in collaboration with technology partners and local stakeholders, reinforcing the company’s positioning at the intersection of technology, sustainability and strategic materials.
More about CoTec Holdings
CoTec Holdings Corp. is a Vancouver-based company focused on redefining resource extraction and recycling for rare earth magnets and other strategic materials. It integrates breakthrough technologies with strategic assets to build secure, sustainable and low-cost supply chains, targeting the transformation of marginal assets, tailings, waste streams and recycled products into high-value critical minerals. Through projects such as its HyProMag USA magnet recycling joint venture in Texas, iron tailings reprocessing in Québec, and next-generation copper and iron solutions backed by major industry partners, CoTec is assembling a diversified, high-barrier-to-entry portfolio aimed at supporting the energy transition and strengthening critical mineral supply chains in its operating jurisdictions.
Average Trading Volume: 60,216
Technical Sentiment Signal: Buy
Current Market Cap: C$183.3M
See more insights into CTH stock on TipRanks’ Stock Analysis page.
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