CoTec Initiates Feasibility Study for Lac Jeannine Iron Tailings

CoTec Holdings Corp. announced that it has engaged BBA Inc. to complete a feasibility study for the Lac Jeannine Iron Tailings Recovery Project in Québec. This study aims to design and engineer a reclamation project based on previous positive assessments. The Project is central to CoTec's strategy of transforming waste sites into significant resources using advanced technologies.

CEO Julian Treger expressed excitement about collaborating with BBA, highlighting the project's potential for economic returns and sustainability. The study will also consider including adjacent tailings, potentially doubling the project's lifespan with minimal extra capital expenditure.

With an expected completion by H2 2026, the study will explore producing high-grade iron concentrates suitable for the green steel industry. The Lac Jeannine site, which includes 31 mineral claims and significant historical tailings, offers the opportunity to recover critical minerals while addressing past environmental issues.