CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) (“CoTec” or the “Firm”) is happy to announce the acquisition of its first industrial scale multi-gravity-separator (“MGS”) from Salter Cyclone Restricted (“Salter”).
The MGS offers a extremely efficient “restoration and upgrading of mineral values” contained in high-quality and ultra-fine particles. It’s distinctive in enabling the manufacturing of high-grade concentrates at excessive restoration from low-grade tailings and middling streams which differentiates it from different gravity restoration expertise which focuses on both restoration or grade. The MGS has traditionally confirmed itself on minerals corresponding to tin, tungsten and chrome, nonetheless CoTec is aiming to make use of the expertise to unlock worth from tailings streams in different sectors corresponding to iron and copper.
The MGS can be primarily based at Corem’s testing laboratory in Québec Canada. Having the industrial scale unit primarily based at Corem will enable CoTec to evaluate tailings retreatment alternatives in a compressed timeframe with check outcomes coming from an internationally revered mineral processing organisation. The MGS machine will help the lately introduced Lac Jeannine Feasibility Examine with BBA, for the restoration of further iron ore from our Iron Tailings reclamation Challenge in Québec, Canada Challenge i .
Julian Treger, CEO of CoTec commented : “The acquisition of the MGS is one other thrilling step ahead in reaching CoTec’s company technique of making use of expertise to get well minerals from materials labeled as waste. Check work thus far on Lac Jeannine’s -75µm iron tailings materials has confirmed that prime grade concentrates at economically viable recoveries are achievable, and the Feasibility Examine will construct on this work and broaden into different minerals corresponding to copper, lead and zinc. A industrial scale MGS primarily based at Corem offers CoTec with the power to maneuver quickly from lab scale testing to industrial scale knowledge gathering for engineering design and financial valuation. This capacity to evaluate alternatives in a compressed timeframe permits for environment friendly capital deployment and the power to convey operations on-line far faster than present business requirements. We proceed to work carefully with Salter as this thrilling expertise develops”.
MGS Expertise
In February 2025, CoTec introduced the signing of a binding long-term exclusivity and collaboration settlement with Salter for the appliance of its Multi-Gravity Separators (MGS) expertise for the restoration of iron ore and manganese from each major mining and tailings materials ii . Salter’s MGS expertise was initially developed within the Nineteen Eighties by Richard Mozley and has been in operation for a few years utilized to the restoration of worthwhile steel minerals (tin, chromium, copper, zinc and so on.). Its software to bulk commodities corresponding to iron and manganese has been restricted. As a part of the collaboration CoTec and Salter will actively collaborate on an asset-by-asset foundation to use the expertise to recognized property.
About CoTec Holdings Corp .
CoTec Holdings Corp. (TSXV: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 property to unlock safe, sustainable, and low-cost provide chains.
CoTec’s mission is obvious: speed up the power transition whereas strengthening strategic crucial mineral provide chains for the nations we function in. By investing in and deploying disruptive applied sciences, the Firm delivers capital-efficient, scalable options that rework marginal property, tailings, waste streams, and recycled merchandise into high-value crucial 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 international majors, CoTec is constructing a diversified portfolio with long-term development, speedy money move potential, and excessive boundaries to entry. The result’s a game-changing platform on the intersection of expertise, sustainability, and strategic supplies.
For extra data, please go to www.cotec.ca.
For additional data, please contact:
Braam Jonker – (604) 992-5600
Ahead-Wanting Data Cautionary Assertion
Statements on this press launch relating to the Firm and its investments which aren’t historic info are “forward-looking statements” which contain dangers and uncertainties, together with statements referring to the timing, scope, and completion of the Lac Jeannine Feasibility Examine, the potential future worth of the Lac Jeannine Challenge (“Challenge”), the maiden useful resource estimate, the majority pattern extraction, potential advantages from the MGS machine for the Challenge and different potential tasks, the choice train, in addition to administration’s expectations with respect to the Lac Jeannine funding and different present and potential future investments of CoTec, and the advantages to the Firm which can be implied from such statements.
Since forward-looking statements handle future occasions and situations, by their very nature, they contain inherent dangers and uncertainties. Precise leads to every case might differ materially from these presently anticipated in such statements as a consequence 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; allowing and regulatory dangers; labor prices and shortages; unsure provide and worth fluctuations in supplies; will increase in power prices; labor disputes and work stoppages; tools leasing and availability; heavy tools demand and availability; contractor and subcontractor efficiency; worksite questions of safety; venture delays and price overruns; excessive climate occasions; and social, transport, or geopolitical disruptions.
For additional particulars relating to dangers and uncertainties dealing with the Firm, please seek advice from “Danger Components” within the Firm’s submitting assertion dated April 6, 2022, a replica of which can be discovered below the Firm’s profile on SEDAR+ (www.sedarplus.ca” goal=”_blank” rel=”noopener noreferrer”>www.sedarplus.ca” goal=”_blank” rel=”noopener noreferrer”>www.sedarplus.ca” goal=”_blank” rel=”noopener noreferrer”>www.sedarplus.ca). The Firm assumes no obligation to replace forward-looking statements on this press launch besides as required by legislation. Readers shouldn’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 out there on SEDAR+ (www.sedarplus.ca).
Neither the TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this information launch.
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