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CoTec Holdings Corp. Notes HyProMag USA Purchases Inserma Pre-Processing Units for Texas, Nevada And South Carolina Rare Earth Magnet Recycling Hubs in The United States
VANCOUVER, BC / ACCESS Newswire / September 30, 2025 / CoTec Holdings Corp. (TSXV:CTH)(OTCQB:C...

About this update from Cotec Holdings Corp
[{"type":"text","content":"CoTec Holdings Corp. Notes HyProMag USA Purchases Inserma Pre-Processing Units for Texas, Nevada And South Carolina Rare Earth Magnet Recycling Hubs in The United StatesVANCOUVER, BC / ACCESS Newswire / September 30, 2025 / CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) (\"CoTec\" or the \"Company\") is pleased to note today's press release by HyProMag USA, LLC (\"HyProMag USA\"), its U.S.-based joint venture rare earth permanent magnet recycling and manufacturing company.HyProMag USA announced it has purchased three skid-mounted Inserma Anoia S.L (\"Inserma\") magnet and Printed Circuit Board (\"PCB\") separation units. The Inserma and PCB units can be co-located at hyperscale data centers, shredding, recycling or HyProMag facilities. These Inserma units rapidly remove (at <2 seconds per hard disk drive (\"HDD\")) the voice coil motor (\"VCM\") containing the rare earth magnet, providing a highly concentrated feed for subsequent Hydrogen Processing of Magnet Scrap (\"HPMS\") by HyProMag USA at the Texas facility. The technology package will further complete the separation and removal of the PCB, which contains precious metals, for recycling and sale. The three units will be located and operated by Intelligent Lifecycle Solutions, LLC (\"ILS\") as it continues stockpiling of feedstock for the Fort Worth facility.Julian Treger, Chief Executive of CoTec commented: \"We are very excited to see the rapid development of the Inserma partnership. Pre-processing technologies are a key enabler and competitive advantage for HyProMag USA as it progresses with the purchase of feedstock. The purchase of these Inserma units is the start of the roll-out of pre-processing technologies to support feedstock suppliers for our magnet recycling and manufacturing facilities. The Company is continuing to progress its discussions with the rapidly expanding hyperscale data center providers and offers a closed loop and secure recycling network within the United States at the lowest cost and lowest carbon footprint. Furthermore, the batch process design of the Texas facility with separate individual feedstock waste streams supports consistent finished grades of magnets and blocks.For further information, please refer to HyProMag USA's press release, available at: www.hypromagusa.comAbout HyProMag USAHyProMag USA LLC is owned 50:50 by CoTec Holdings Corp....