Australian Copper Play CoTec Investment Sees Major Breakthrough: Copper Cathode Production at Demo Plant

2025-06-05
Australian Copper Play CoTec Investment Sees Major Breakthrough: Copper Cathode Production at Demo Plant
USA TODAY

Vancouver, BC, June 5, 2025 – Australian-listed CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) is celebrating a significant advancement in copper extraction technology, thanks to its investment in Ceibo Inc. (“Ceibo”). The company has announced the successful production of copper cathodes at a demonstration plant located in Chile, a major achievement in partnership with Compañía Minera San Gerónimo (“CMSG”), a leading Chilean copper producer.

This breakthrough marks a pivotal moment for CoTec and Ceibo, validating the potential of their innovative copper sulfide leaching technology. The demonstration plant, a collaborative effort, has proven the feasibility of extracting high-quality copper cathodes using a novel process that promises to be more efficient and environmentally friendly than traditional methods.

Why is this important for the Australian market? CoTec’s involvement in this Chilean project highlights Australia’s growing interest and investment in global resource technologies. The successful demonstration of this leaching process could have significant implications for Australian copper mining operations, potentially leading to reduced costs, improved sustainability, and increased production yields.

The traditional method of copper extraction, smelting, often carries a high environmental cost due to emissions and energy consumption. CoTec's technology, and Ceibo’s demonstration of it, aims to offer a cleaner alternative. Details about the specific environmental benefits are expected to be released in the coming weeks, but initial reports suggest a considerable reduction in carbon footprint compared to conventional smelting processes.

What’s next for CoTec and Ceibo? The immediate focus is on optimizing the leaching process at the demonstration plant and gathering further data to refine the technology. Plans are underway to explore the potential for scaling up the operation and deploying the technology at larger commercial mining sites. Discussions are also progressing with other potential partners in both Chile and internationally.

“This is a truly exciting development for CoTec and our shareholders,” said [Insert CEO Name/Relevant Spokesperson Quote Here - if available]. “The successful production of copper cathodes at the demo plant confirms the viability of our investment in Ceibo and the potential of their innovative technology to disrupt the copper industry. We are committed to working with CMSG and other partners to bring this technology to market and create long-term value.”

Investors and industry observers will be closely watching CoTec’s progress as it moves forward with this promising technology. The company’s stock has seen [mention stock performance/reaction to the news - if available], reflecting the market’s positive response to this significant milestone.

Disclaimer: This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those expressed or implied.

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