HyProMag USA Expands Feedstock Supply Agreement With Global Electronics Recycler, Intelligent Lifecycle Solutions

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[{"type":"text","content":"HyProMag USA Expands Feedstock Supply Agreement With Global Electronics Recycler, Intelligent Lifecycle SolutionsVANCOUVER, BC / ACCESS Newswire / November 19, 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 extended its feedstock supply agreement with global electronics recycling company, Intelligent Lifecycle Solutions, LLC (\"ILS\") (the \"Supply Agreement\").ILS is currently securing and storing neodymium iron boron (\"NdFeB\") feedstock from hard disk drives (\"HDDs\") at the ILS pre-processing sites in Williston, South Carolina and Reno, Nevada (the \"ILS pre-processing sites\") in advance of the commissioning of HyProMag USA's advanced stage rare earth magnet recycling and manufacturing plant to be located in Fort Worth, Texas.In addition to HDDs, ILS will start to procure bulk NdFeB feedstock including rotors from electric motors, wind turbine magnets, speaker assemblies and MRIs. ILS and HyProMag USA have agreed to create a joint \"Technical Procurement\" team to accelerate all purchases and complete the onboarding of the INSERMA ANOIA S.L. (\"Inserma\") \"3rd generation\" HDD magnet separation system at its sites. HyProMag USA is targeting delivery of the machines to the ILS pre-processing sites by the end of December 2025.Julian Treger, Chief Executive of CoTec commented: \"The ILS Supply Agreement continues to progress; multiple NdFeB feedstocks have been successfully tested through the accelerated piloting program at the University of Birmingham's HPMS pilot facility which will support the technical procurement team as it continues to target and purchase bulk NdFeB feedstock sources across the United States. HyProMag USA is continuing to build long-term partnerships and work closely with commercial suppliers, federal and state governments to facilitate these feedstock sources.\"Graham Davy, ILS CEO commented: \"ILS is excited to expand its procurement efforts to other NdFeB sources in partnership with HyProMag USA. The additional procurement and pre-processing operations will assist the recovery and recycling of critical strategic materials within the U.S. and provide a platform f...

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