on CoTec Holdings Corp. (CVE:CTH)
Ceibo Produces Copper Cathodes, Advancing Sulfide Leaching Technology
CoTec Holdings Corp., through its investment in Ceibo Inc., has successfully produced copper cathodes at a demonstration plant in northern Chile. This milestone, achieved in partnership with Compañía Minera San Gerónimo, validates Ceibo's proprietary copper sulfide leaching technology. The plant's rapid construction and continuous operation highlight the technology's speed and efficiency.
Ceibo's process integrates with existing infrastructure to enhance copper recovery. It targets primary sulfide ores that are challenging to process, thus addressing industry shifts. If scaled successfully, the technology promises economic and environmental benefits, potentially reshaping global copper production.
CoTec's investment in Ceibo, part of a Series B financing with major industry players, underscores its strategy to advance critical mineral production. The company's commitment to innovative technologies aligns with its goals of efficiency, sustainability, and resource accessibility.
R. H.
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