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CoTec Holdings Corp

CTH.NE
TSXVMaterials
$1.63
USD
-0.01(-0.61%)
At close: May 12, 00:00 UTC
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Market Snapshot

Market Cap

$172.71M

EPS

-0.10

About

CoTec Holdings Corp. engages in the acquisition and development of mineral properties. The firm focuses on mineral extraction technologies and applies them to mining assets to improve efficiency. By focusing on recycling, waste mining, and scalable solutions, the Company accelerates the production of critical minerals, shortens development timelines, and reduces environmental impact. The firm holds stakes in six key technologies and three assets, with the goal of obtaining 10 technologies and 30 to 40 assets. Its assets include Lac Jeannine, MagIron, and waste reclamation projects, while technologies involve HyProMag technology, Binding Solutions, Ceibo, WaveCracker, Salter, and MagIron. The HyProMag technology is a patented hydrogen process that extracts rare earths (Neodymium, iron, boron) from recycled magnets using 88% less energy than conventional technologies.

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