CVMR and BITEC Establish Joint Venture CVMR (R.D. Congo) S.A.R.L. to Advance Exploration and In-Country Refining of Strategic Minerals
News, Kamran Khozan, Poly Mutombo, Africa, America
In a joint communiqué, CVMR Corporation of Canada and Business Innovation Technology (BITEC) S.A.R.L. of the Democratic Republic of the Congo announced the execution of their joint venture agreement in the Democratic Republic of the Congo under the corporate name CVMR (R.D. Congo) S.A.R.L. (hereinafter referred to as “CVMR Congo”). The agreement is consistent with the well-established modus operandi of the CVMR group of companies which focuses on the evaluation, extraction, and in-country refining of critical minerals in partnership with the host governments, followed by the export of refined, value- added products to international markets. CVMR employs its proprietary Vapour Metallurgy technologies for the refining of critical metals. These technologies are designed to be environmentally neutral, minimizing environmental impact while achieving ultra-high-purity outputs.