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VANCOUVER, BC / ACCESS Newswire / December 19, 2025 / CoTec Holdings Corp. (TSXV:CTH,OTC:CTHCF)(OTCQB:CTHCF) (“CoTec” or the “Firm”) is happy to notice MagIron LLC’s (“MagIron”) press launch dated December 18, 2025. CoTec owns 16.5% of the fairness in MagIron on a completely diluted foundation.
MagIron introduced that it has acquired 5 new state iron ore mining leases with the Minnesota Division of Pure Assets following the approval by the State of Minnesota Government Council on December 2, 2025. These 5 new iron ore mining leases grant MagIron the rights to discover, mine and course of hematite iron formation positioned in Itasca County, Minnesota. The leases are efficient January 1, 2026 for a 20-year time period and canopy an space of 760 acres.
These new leases signify the primary State-issued hematite mining leases particularly aligned with MagIron’s proprietary course of for concentrating on and upgrading oxidized iron formation into high-grade Direct Discount (“DR”) grade iron ore focus, a essential enter for ore-based metallics wanted for the rising U.S. Electrical Arc Furnace (“EAF”) metal sector.
Mixed with MagIron’s present stockpiles, tailings, personal mineral agreements, different State mineral leases and the mineral rights it owns, these new leases additional strengthen the Firm’s restart plans for Plant 4, a contemporary past-producing concentrator designed to produce the U.S. metal trade with low-carbon, domestically sourced iron models.
Julian Treger, CoTec CEO commented: “These leases are one other thrilling milestone for MagIron because it additional secures provide for MagIron within the execution of its technique of turning into a multi-decade built-in provider of DR grade pellets to America’s quickly increasing EAF metal trade.”
For additional info, please go to https://magironusa.com
About CoTec
CoTec Holdings Corp. (TSX-V: CTH, OTCQB: CTHCF) is redefining the way forward for useful resource extraction and recycling. Targeted on uncommon earth magnets and strategic supplies, CoTec integrates breakthrough applied sciences with strategic belongings to unlock safe, sustainable, and low-cost provide chains for america and its allies.
CoTec’s mission is evident: speed up the power transition whereas strengthening U.S. financial and nationwide safety. By investing in and deploying disruptive applied sciences, the Firm delivers capital-efficient, scalable options that rework marginal belongings, tailings, waste streams, and recycled merchandise into high-value essential minerals.
From its HyProMag USA magnet recycling three way partnership in Texas, to iron tailings reprocessing in Québec, to next-generation copper and iron options backed by world majors, CoTec is constructing a diversified portfolio with long-term progress, speedy money circulation potential, and excessive limitations to entry. The result’s a game-changing platform on the intersection of expertise, sustainability, and strategic supplies.
For extra info, please go to www.cotec.ca
For additional info, please contact:
Braam Jonker – (604) 992-5600
Ahead-Trying Info Cautionary Assertion
Statements on this press launch concerning the Firm and its investments which aren’t historic details are “forward-looking statements” which contain dangers and uncertainties, together with statements regarding the Firm’s curiosity in MagIron, the state leases secured by MagIron, the potential restart of the MagIron operations, the MagIron technique and its execution and administration’s expectations with respect to its present and potential future investments, and the advantages to the Firm which can be implied from such statements. Since forward-looking statements tackle future occasions and situations, by their very nature, they contain inherent dangers and uncertainties. Precise leads to every case might differ materially from these at the moment anticipated in such statements, on account of recognized and unknown dangers and uncertainties affecting the Firm, together with however not restricted to useful resource and reserve dangers; environmental dangers and prices; labor prices and shortages; unsure provide and worth fluctuations in supplies; will increase in power prices; labor disputes and work stoppages; leasing prices and the provision of apparatus; heavy tools demand and availability; contractor and subcontractor efficiency points; worksite questions of safety; venture delays and price overruns; excessive climate situations; and social and transport disruptions. For additional particulars concerning dangers and uncertainties going through the Firm please discuss with “Danger Elements” within the Firm’s submitting assertion dated April 6, 2022, a duplicate of which can be discovered underneath the Firm’s SEDAR profile at www.sedar.com. The Firm assumes no duty to replace forward-looking statements on this press launch besides as required by legislation. Readers mustn’t place undue reliance on the forward-looking statements and data contained on this information launch and are inspired to learn the Firm’s steady disclosure paperwork which can be found on SEDAR at www.sedarplus.ca.
Neither TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this information launch.
SOURCE: CoTec Holdings Corp.
View the unique press launch on ACCESS Newswire
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