Welcome to our dedicated page for COTEC HOLDINGS news (Ticker: CTHCF), a resource for investors and traders seeking the latest updates and insights on COTEC HOLDINGS stock.
News for CoTec Holdings Corp. (CTHCF) centers on its activities in rare earth magnets, strategic materials and critical mineral recycling and extraction. Company announcements frequently highlight developments at portfolio companies and joint ventures, reflecting CoTec’s role as a holding company focused on building a platform across resource extraction and recycling.
A major recurring theme in CoTec’s news flow is its majority interest in HyProMag USA LLC, a U.S.-based rare earth permanent magnet recycling and manufacturing venture. Updates have covered feasibility and engineering studies for the planned Texas Hub, the finalization of a long-term lease for a rare earth magnet recycling and manufacturing facility in the Dallas–Fort Worth area, and concept studies for expansion into South Carolina and Nevada. News items also discuss HyProMag USA’s use of HPMS technology licensed to HyProMag Limited and its evaluation of a potential U.S. public listing.
CoTec’s news releases also regularly report on its investment in MagIron LLC, which is advancing a U.S.-based iron ore and metallics strategy. Coverage includes MagIron’s acquisition of the Reynolds Pellet Plant in Indiana, iron ore mining leases in Minnesota, pilot plant test results, and feasibility work related to restarting Plant 4 and producing DR-grade pellets and potentially merchant pig iron.
Investors following CTHCF news can expect updates on portfolio milestones, feasibility and valuation studies, project leases and expansions, and strategic reviews such as the exploration of a U.S. listing for HyProMag USA. This page aggregates those announcements so readers can monitor how CoTec’s investments in rare earth magnets, iron ore and tailings reprocessing evolve over time.
CoTec Holdings Corp. (OTCQB:CTHCF) held its annual and special meeting of shareholders virtually on June 27, 2025. The company announced that all resolutions were passed by requisite majority. Shareholders re-elected seven incumbent directors to the Board and approved the re-appointment of PricewaterhouseCoopers LLP as the company's auditors. Additionally, shareholders approved the company's amended and restated omnibus equity incentive plan.
CoTec Holdings has filed its 2024 audited financial statements, reporting a quarterly net income of $0.5M and annual net loss of $0.2M. The company achieved major milestones through two successful technical studies: the HyProMag USA Feasibility Study and Lac Jeannine Preliminary Economic Assessment.
Key highlights include:
- HyProMag USA (60.3% CoTec-owned) completed a feasibility study showing NPV7% of US$262M and 23% IRR at current prices
- Lac Jeannine Project revealed an Inferred Mineral Resource of 73M tonnes at 6.7% total Fe
- MagIron secured long-term mineral leases supporting 20+ years of operations
- Company raised $5.3M through private placements and secured a convertible loan
CEO Julian Treger expects CoTec to become a resource-producing company by H1 2027, significantly faster than conventional mining companies' 12-15 year timeframe. The company focuses on critical minerals supply chains for Western countries.