CoTec Holdings Achieves Key Milestone with Lac Jeannine Iron Concentrate

CoTec Holdings Corp., headquartered in Vancouver, has reported a significant advancement in its Lac Jeannine Mine Tailings Reclamation and Restoration Project. Recent tests indicate the Project's capacity to produce high-purity iron concentrate with over 67% FeT, aligning with Québec and Canada's critical minerals frameworks. This development marks a major technical milestone as it positions the project as a key contributor to the transition towards lower-carbon steel production.

CEO Julian Treger highlighted the achievement of the 67% FeT concentrate as validating the resource's quality and the processing strategy's effectiveness. This milestone supports the project's potential to become a strategic asset in global steel production's low-carbon transition.

Environmental studies, Indigenous community engagements, and feasibility work are ongoing. The Project PEA suggests a 29.6% internal rate of return, with potential for resource expansion and process optimization, projecting this initiative as a valuable economic contributor.