CoTec Notes Portfolio Company HyProMag USA and Intelligent Lifecycle Solutions Commission Inserma Rare Earth Magnet Pre-Processing System in South Carolina

Core Viewpoint - The commissioning of the Inserma hard disk drive magnet pre-processing system at the ILS facility in Williston, South Carolina marks a significant operational milestone for U.S. rare earth magnet recycling, enhancing domestic supply chains for advanced manufacturing and AI infrastructure [1] Group 1: Operational Details - The Williston site features two automated Inserma pre-processing units that can separate magnet assemblies from end-of-life hard disk drives in approximately three seconds per drive [1] - The combined capacity of these units exceeds 60,000 drives per week, indicating a robust operational capability for recycling [1] Group 2: Company Information - CoTec Holdings Corp. (TSX-V:CTH) (OTCQB:CTHCF) acknowledges the press release from HyProMag USA LLC, its U.S.-based joint venture focused on rare earth permanent magnet recycling and manufacturing [1]