Replay available
CoTec Provides Market Update
Join Julian Treger, CoTec's President & CEO, and John Singleton, COO, as they provide a market update. A Q&A session follows the event.
Hosted by
Featured presenters
Julian Treger
President, CEO, & Director at CoTec
Mr. Julian Treger was previously the Chief Executive Officer of Anglo Pacific Group Plc. During his tenure at Anglo Pacific Group, he executed $450 million of acquisitions, transforming the business from a coal-based royalty business to a battery focused st...
Friends
Team at 6ix Inc
John Singleton
COO at CoTec
John Singleton has over twenty years’ experience in the mining industry. He started his career at De Beers Consolidated Mines in South Africa as a Senior Geotechnical Engineer, followed by 13 years at Rio Tinto Plc. During his time at Rio Tinto John gained ...
Investor webinar replay
Meeting Overview The meeting focused on the recent release of Kotech's feasibility study for HyperMEG USA, highlighting its economic potential and strategic importance. Key executives discussed the project's implications for Kotech and the broader market, including timelines for production and financing strategies. Key Discussion Points - Overview of the feasibility study for HyperMEG USA and its economic implications. - Kotech's ownership structure and financial arrangements with Mekango. - Importance of the project for U.S. security and self-sufficiency in magnet production. - Timeline for detailed engineering and production, targeting Q1 2027. - Discussion on financing strategies, including potential government grants and equity issuance. - Consideration of cost-saving opportunities in the detailed engineering phase. - Technical risks associated with scaling up HPMS technology and mitigation strategies. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - ...
Replay transcript excerpt
[Speaker identities could not be resolved; generic labels used] [00:08] Speaker 1: Hello everyone and welcome to today's event. Thank you all for joining us. I'm delighted to be joined by 2 key executives from Kotec, Julian Treger, President and CEO, [00:17] Speaker 1: and John Singleton, Chief Operating Officer. [00:20] Speaker 1: Before we dive in, just a few housekeeping notes. As this is a live event, please feel free to submit your questions through the chat feature, which can be found in the bottom right corner of your screen. [00:30] Speaker 1: We address them during our Q&A session at the end. If we're unable to get to all the questions during our time together, we ensure they're shared with the company for followup. [00:38] Speaker 1: Today's session is also being recorded and will be available for replay shortly after we conclude. [00:43] Speaker 1: Now, turning to the main topic, yesterday, Kotech released the highly anticipated feasibility study for HyperMEG USA. [00:50] Speaker 1: Julian, the feasibility study demonstrates compelling economics for HyperMEG. Could you walk us through your key takeaways from these results? [00:59] Speaker 2: Sure, Karl, and thank you for having John and I on your program today. Yes, you're right. Yesterday was a big day for Kotech. [01:09] Speaker 2: It was the announcement of our 2nd feasibility [01:12] Speaker 2: study. [01:12] Speaker 2: And together with the Lakshmin [01:15] Speaker 2: feasibility study, the tributable value [01:18] Speaker 2: to Kotech [01:20] Speaker 2: of these 2 projects is around USD$250M [01:25] Speaker 2: before any financing considerations on an NPV basis, [01:29] Speaker 2: which as you will see from our new investor presentation, [01:33] Speaker 2: suggests a 10X upside [01:36] Speaker 2: fro...