EastCoal (TSE:CTH) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
CoTec Holdings Corp. and Mkango Resources Ltd. have announced progress in the feasibility study for their joint venture, HyProMag USA, which aims to establish a domestic supply of recycled rare-earth magnets in the United States. The study, halfway to completion, promises a production capacity of at least 500 tonnes annually, with prospects to scale up and diversify products. The project’s design and cost-efficiency are being refined, with final estimates and completion slated for Q4, 2024.
For further insights into TSE:CTH stock, check out TipRanks’ Stock Analysis page.
