CoTec Reacts to U.S. Executive Order on Domestic Mineral Production

CoTec Holdings Corp. acknowledges President Trump's Executive Order aimed at boosting American mineral production. This directive encourages government agencies to facilitate domestic mineral production. CoTec's portfolio in the U.S., focusing on essential minerals, stands to benefit from this order.

In March 2025, CoTec and Mkango Resources Ltd. expanded HyProMag USA LLC's design phase to enhance permanent magnet recycling and production. Located in Texas, South Carolina, and Nevada, this project might triple its planned capacity, bolstering the U.S. mineral industry.

Additionally, CoTec advances with MagIron LLC, which is revamping an iron ore project in Minnesota. The aim is to support the U.S. steel industry with high-quality, low-carbon iron units. CoTec's diverse interests, including technologies like sulphide copper leaching and ultra fines extraction, align with the Executive Order's goals.