on CoTec Holdings Corp. (isin : CA22165A1021)
CoTec Holdings Announces 2025 Operational Targets
CoTec Holdings Corp., a company listed on TSXV and OTCQB, shared its operational update for 2025, focusing on key projects such as HyProMag USA LLC and Lac Jeannine. Following a transformative 2024, CoTec aims to generate revenue by 2027. The company completed independent studies on its projects, collectively valued at over CAD$300 million, and secured significant financial backing.
HyProMag USA, with a project valued using current market prices at US$262 million, is advancing its magnet recycling initiatives in the USA. Lac Jeannine's project in Quebec contains 73 million tonnes of inferred resources. CoTec plans to appoint an EPCM contractor, procure permits, and secure financing for further development.
CoTec's strategic priorities include rare earth recycling, green steel, and copper extraction. These efforts aim to strengthen North America's critical supply chains. CoTec seeks to secure new assets and enhance technical capacity to reach its objectives.
R. H.
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