CoTec Holdings Corp
CTH.V
Toronto Stock Exchange Ventures1.22
CAD
-0.03
- -
CoTec Holdings Corp
CTH.V
(Toronto Stock Exchange Ventures)
Recent
price
1.22
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- CoTec Holdings Corp. is a Vancouver, British Columbia-based resource extraction, processing and recycling investment company that identifies, acquires and deploys lower-carbon mineral-processing technologies and associated assets to convert marginal deposits, historical tailings, waste streams and recycled materials into critical-mineral products. Incorporated in 1986 as Lysander Gold Corporation and renamed CoTec Holdings Corp. in August 2022, the Company operates as a technology-and-asset platform focused on rare earth elements and permanent magnets, iron ore and copper, with activities and investments spanning Canada, the United States, the United Kingdom, Germany and prospective opportunities in the Democratic Republic of Congo. Its business model includes investing in disruptive extraction, beneficiation, recycling and metallurgical technologies that are designed to reduce water and energy consumption, improve recovery from complex or low-grade materials, support modular and scalable project development, and create standalone operating businesses through project scale-up and potential spin-offs. CoTec’s principal products and services are the development and commercialization of critical-mineral recovery, processing and recycling solutions; recycled rare-earth permanent magnets and magnet materials; neodymium-iron-boron magnet finishing; hydrogen-based rare-earth magnet scrap recycling; iron-tailings reclamation, beneficiation and production of high-purity iron concentrate; direct-reduction-grade iron-ore pellet production; potential merchant pig iron production; and copper-tailings evaluation and processing solutions. Its technology portfolio includes interests in HyProMag and its Hydrogen Processing of Magnet Scrap technology; Maginito; Binding Solutions’ low-temperature iron-ore agglomeration technology; Ceibo’s copper-leaching technology; WaveCracker technologies; and Salter mineral-processing technologies. The Company’s asset and project exposure includes the Lac Jeannine iron-tailings reclamation and restoration project in Québec, MagIron’s Minnesota iron resources and pelletizing activities in the United States, and the HyProMag USA rare-earth magnet recycling and manufacturing platform in the Dallas-Fort Worth, Texas area. HyProMag USA, a joint venture owned 50% by CoTec and 50% by HyProMag Limited, is developing a U.S. rare-earth magnet recycling and manufacturing business based on Hydrogen Processing of Magnet Scrap technology. The Texas Hub is intended to recycle end-of-life permanent magnets and manufacture or finish neodymium-iron-boron magnets for U.S. customers, supporting domestic supply chains for strategic materials. CoTec also holds an indirect interest in HyProMag through its ownership interest in Maginito, while Maginito is majority owned by Mkango Resources Ltd. CoTec’s MagIron investment provides exposure to the development of direct-reduction-grade pellets and potential merchant pig iron production from Minnesota iron resources and the Reynolds pellet plant. Recent developments include HyProMag USA’s phased Texas Hub development strategy, announced in July 2026, to fast-track installation and commissioning of initial finished neodymium-iron-boron magnet production equipment in the first half of 2027, using magnet blocks supplied from HyProMag Group operations in the United Kingdom and Germany before planned fully integrated U.S. operations. HyProMag USA has also commenced procurement of three Hydrogen Processing of Magnet Scrap vessels and related magnet-processing and finishing equipment. In May 2026, CoTec signed a non-binding term sheet with U.S.-based Copper Intelligence Inc. and certain third-party investment vehicles to form an early-stage joint venture to identify, evaluate and potentially process historical copper tailings and redundant copper deposits in the Democratic Republic of Congo’s Copperbelt, subject to due diligence and definitive asset-level agreements. CoTec upgraded its U.S. quotation from OTCQB to the OTCQX Best Market in May 2026 and, in August 2026, announced a proposed non-brokered private placement of up to $20 million of unsecured convertible debentures to fund HyProMag USA equipment purchases and working capital.