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Home CVMR News 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

Author: CVMR®
Date of publication: 21.09.2014
Reading time: 2 min.
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  1. 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

Answers to your questions

  • What does CVMR do?

    CVMR refines metals using vapor metallurgy and produces high-purity powders and components for various industries.

  • What metals does CVMR work with?

    CVMR works with over 30 metals, including nickel, cobalt, lithium, rare earth elements, gold, silver, and copper.

  • Who uses CVMR’s products?

    CVMR’s products are used in aerospace, automotive, electronics, medical devices, energy storage, and defense.

  • What is vapor metallurgy?

    It’s a process where metals are vaporized and purified to produce ultra-pure materials with precise control.

  • Is CVMR eco-friendly?

    Yes, CVMR uses sustainable methods like recycling metals, reducing CO₂, and turning methane into graphene.

  • Where is CVMR located?

    CVMR is based in Toronto, Canada, and operates in over 20 countries globally.

  • Who are CVMR’s clients?

    Clients include Pratt & Whitney, U.S. Mint, Virgin Galactic, Barrick Gold, and the U.S. Department of Energy.

  • Does CVMR make battery materials?

    Yes, CVMR supplies lithium, nickel, cobalt, manganese, and vanadium for electric vehicle and storage batteries.

  • What is CVMR’s role in graphene?

    CVMR converts CO₂ and methane into high-quality graphene for electronics, energy, and advanced material use.

  • How do I contact CVMR?

    Visit https://cvmr.ca or email [email protected] for business inquiries and more information.

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