CoTec’s Ceibo Achieves Milestone in Copper Leaching Technology

An update from EastCoal ( (TSE:CTH) ) is now available.

CoTec Holdings Corp. announced a significant milestone achieved by its investment, Ceibo Inc., with the successful production of copper cathodes at a demonstration plant in partnership with Compañía Minera San Gerónimo in Chile. This breakthrough validates Ceibo’s advanced copper sulfide leaching technology, which could revolutionize copper production by enabling faster, more efficient recovery and unlocking previously uneconomical resources. The technology’s potential economic and environmental benefits include faster project timelines, lower operating costs, and reduced environmental footprints, aligning with the industry’s shift towards more sustainable practices. CoTec’s involvement in Ceibo’s Series B financing round and its partnership with Glencore’s Lomas Bayas mining company further demonstrate its commitment to advancing this technology.

More about EastCoal

CoTec Holdings Corp. is a publicly traded investment issuer listed on the Toronto Venture Stock Exchange and the OTCQB. The company focuses on revolutionizing the global metals and minerals industry through innovative, environmentally sustainable technologies and strategic asset acquisitions. CoTec aims to drive the sector toward a low-carbon future by investing in disruptive mineral extraction technologies and applying these technologies to undervalued mining assets. The company emphasizes recycling, waste mining, and scalable solutions to accelerate the production of critical minerals, shorten development timelines, and reduce environmental impact.

Average Trading Volume: 19,062

Technical Sentiment Signal: Buy

Current Market Cap: C$60.11M

See more data about CTH stock on TipRanks’ Stock Analysis page.