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Monthly Archives: June 2022
Amarillo Closes Nation’s First Rare-Earth Mineral Refinery Deal
CVMR, a group of companies specializing in refining rare-earth metals is building one of its facilities in Amarillo. The facility is expected to be approximately 500,000 square feet on 540 acres off US Highway 60. The City of Amarillo and Potter County recently agreed to a number of tax abatements and location incentive agreements before inking the one-of-a-kind deal. Company founder Kamran Khozan has more, “This is going to be the first critical mineral … Continue reading →
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CVMR to break ground in Amarillo after deal with city, Potter County
AMARILLO, Texas (KAMR/KCIT) – After multiple agreements were passed, including tax abatements and location incentive agreements, by both the Potter County Commissioners’ Court and the Amarillo City Council, CVMR (Texas) Inc. will officially be bringing its new facilities to Amarillo. CVMR (Texas) Inc., or Chemical Vapor Metal Refining, is a group of companies in 20 different countries that specializes in refining rare-earth metals. The facility is expected to be around 500,000 square feet on … Continue reading →
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Mineral company to brief government on supply chain, security
by: David Gay, Posted: Jun 7, 2022 / 01:00 PM CDT WASHINGTON D.C. (KAMR/KCIT) — Officials with CVMR USA recently announced that it will be testifying to members of the United States Congress regarding critical minerals that are a part of the country’s supply chain, national security, and how recycling can help ensure “a secure and reliable supply.” According to a news release from CVMR, U.S. Rep. Sheila Jackson-Lee (TX-18) will serve as the … Continue reading →
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