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The latest update is out from CoTec Holdings ( (TSE:CTH) ).
CoTec Holdings has commissioned BBA Inc. to conduct a feasibility study for the Lac Jeannine Iron Tailings Recovery Project in Québec, Canada. This initiative aligns with CoTec’s strategy to transform legacy waste sites into valuable resources using innovative and environmentally responsible technologies. The project is expected to deliver strong economic returns and address historical environmental liabilities, with the potential to extend the life of the mine by including adjacent tailings. The feasibility study will incorporate advanced technologies to produce high-grade iron ore concentrate for the green steel industry, positioning Lac Jeannine as a model for sustainable tailings redevelopment.
More about CoTec Holdings
CoTec Holdings Corp. is a company focused on redefining resource extraction and recycling, particularly in rare earth magnets and strategic materials. It aims to integrate breakthrough technologies with strategic assets to create secure, sustainable, and low-cost supply chains, thereby accelerating the energy transition and strengthening critical mineral supply chains.
Average Trading Volume: 78,417
Technical Sentiment Signal: Buy
Current Market Cap: C$185.4M
Learn more about CTH stock on TipRanks’ Stock Analysis page.