An Executive Informational Overview (EIO) is now available on CoTec Holdings Corp., an Environment, Social, and Governance (ESG)-focused company acquiring and advancing disruptive technologies to revolutionize metal and mineral extraction and processing. The 70-page report details the Company's business, its strategy, market opportunities, competition, risks, and more. It is available for download below.
Snapshot
CoTec Holdings Corp. (“CoTec” or “the Company”) is a mineral resource Environment, Social, and Governance (ESG)-focused company dedicated to acquiring and advancing disruptive technologies and assets that have the potential to fundamentally change the way metals and minerals are extracted and processed. The Company’s strategy is based on a two-pronged approach: (1) acquiring stakes and technology rights in innovative mineral extraction technologies; and (2) applying these technologies to undervalued mineral assets to unlock value. CoTec’s investments prioritize recycling and waste mining, allowing the reprocessing of existing mining waste and scrap to generate value from sites that were thought to outlive their profitability. This allows CoTec to transform undervalued, unprofitable, or dormant assets into profitable ventures. The Company’s strategic approach provides it with three key competitive advantages: (1) low cost of entry; (2) reduced time to revenue (three to five years); and (3) strong barrier to entry due to proprietary technology. CoTec's revenue model is driven by two key pillars: (1) value appreciation from its technology investments and mining assets, and (2) a proportional share of revenue generated by its mining assets. The Company currently holds a stake in four technologies: Maginito Ltd (20.6% equity stake), focusing on rare earth element (REE) recycling; Binding Solutions Ltd (BSL) (3% equity stake) and MagIron LLC (16.86% equity stake) to advance low-carbon steel production; and Ceibo Inc. (3% equity stake), focused on the extraction of copper from low-grade ores and waste materials. CoTec’s objective is to build a robust portfolio of 10 transformative technologies and 30 to 40 complementary assets.
Key Points of CoTec Holdings Corp.
- CoTec’s assets include: (1) Lac Jeannine: a former iron mine in Quebec designed to reprocess mining waste; (2) HyProMag USA: a U.S.-based joint venture leveraging patented technology for rare earth magnet recycling; and (3) MagIron’s Plant 4: a U.S.-based dormant plant designed to process mining waste into high-grade iron ore concentrate. CoTec is evaluating additional opportunities, including the application of Ceibo’s technology to copper assets.
- The Company expects these assets to generate revenue in the near term—Lac Jeannine in early 2027, HyProMag USA on 1Q 2027, and MagIron Plant 4 in 2027.
- CoTec believes its market valuation does not reflect the value of its technology and asset acquisitions. Third-party NPV estimates place the combined equity ownership of two of its projects—Lac Jeaninne and HyProMag USA—at $217.5 million, exceeding the Company’s current market cap.
- The Company’s low corporate overhead—with only four full-time employees—ensures operational efficiency, led by a leadership team with a proven track record of value creation and company-building in the mineral extraction market.
- As of September 30, 2024, the Company’s cash and cash equivalent position was C$1.17 million.
*******************************************
Visit our Corporate Profile and Investment Highlights pages
for the latest research on CoTec Holdings Corp.
*******************************************