Ethiopia: The Ethiopian Mineral Development Share Company Signs MoU On Joint Development With CVMR Corporation
Ethiopia: The Ethiopian Mineral Development Share Company Signs MoU On Joint Development With CVMR® Corporation
The Ethiopian Mineral Development Share Company (EMDSC) and CVMR® Ltd., on Thursday (September 18) signed a Memorandum of Understanding aiming at “forming a partnership that would lead to Tantalum, Niobium, Lithium, Nickel, iron, and PGM ore concentrate production and to the refining of the concentrates into specialty metal nano-powders.”
Dr. ZerihunDesta, CEO of EMDSC, said the agreement would help EMDSC realize the economic potential of its untapped mineral deposits. Dr. KamaranKhozan, Chairman of CVMR®, stated that his company would be a valuable asset to “unlock much wealth and generate economic development for the rapidly growing country of Ethiopia.” Ethiopia’s Minister of Mines, TolessaShagi, explained that the “CVMR® refining technology’s ability to simultaneously refine multiple metals is very valuable to our mine sites and has the potential to transform Ethiopian mining {sector} and attract investment.” Based in Toronto, Canada, CVMR® Corporationis engaged inmining and metal refining, manufacturing of high value metal powders, net shapes and super alloys, and providing a range of technologically innovative solutions to the mining, refining and metal powder manufacturing industries.
Source from allAfrica
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