CVMR and BITEC Establish Joint Venture CVMR (R.D. Congo) S.A.R.L. to Advance Exploration and In-Country Refining of Strategic Minerals
Author: CVMR®
The strategic partnership between CVMR® Corporation and BITEC is focused on gold, copper, nickel, coltan, iron, and cobalt in specific areas licensed by the DRC government. The agreement establishes a vertically integrated framework spanning exploration, mining development, and the deployment of CVMR®’s proprietary refining technologies. This approach enables mineral resources to be processed domestically rather than exported in raw form for refining abroad, reinforcing local value creation while contributing to a more geographically diversified global refining landscape.
Under the agreement, CVMR® and BITEC will collaborate on the evaluation, quantification, and development of their mineral concessions as well as the potential deployment of refining facilities based on CVMR®’s Vapour Metallurgy™ platform. These technologies enable the production of ultra-high-purity metals and engineered products required by advanced manufacturing sectors, including aerospace, energy, electronics, and defense. The partnership further supports broader international efforts to expand refining capacity closer to the origin of resources, an area of increasing strategic importance as governments and industries seek to strengthen supply-chain resilience and reduce structural dependence on a limited number of refining jurisdictions.
“This partnership reflects CVMR®’s long-standing commitment to enabling minerals rich countries to develop their mineral resources beyond extraction,” said Kamran M. Khozan, Chairman and Chief Executive Officer of CVMR® Corporation. “By introducing refining capability alongside resource development, we aim to support the creation of a complete value chain and contribute to long-term industrial capacity of DRC.”
BITEC’s CEO, Paul Makela, said “The partnership between CVMR® and BITEC marks a new era for Congolese mining valorization, advancing reserve development, job creation, skills transfer, and industrial capacity. He added that it strengthens North America–Central Africa economicties and reinforces confidence in the Democratic Republic of the Congo as a strategic destination for high-technology mining investment.” The Democratic Republic of the Congo holds some of the world’s most significant deposits of strategic minerals, including copper, cobalt, tantalum, niobium, rare earth minerals, and other materials essential to modern energy systems and advanced technologies. The CVMR®–BITEC partnership is intended to support responsible resource development while enabling greater national participation in downstream processing
and industrial transformation.
About CVMR® Corporation
CVMR® Corporation is a Canadian-based mining and refining company that utilizes proprietary technologies for the concentration and refining of a wide range of metals. Its Vapour Metallurgy refining systems can produce ultra-pure metals in powder, nano-powder, pellet, super-alloy, and near-net-shape forms. CVMR®’s technology platform supports high-precision refining and manufacturing applications across the aerospace, electronics, energy, and defense sectors. The company celebrated its 40th anniversary in January 2026. CVMR® group of companies under CVMR® Corporation are active in 23 countries worldwide. “Critical minerals achieve real economic value when they are evaluated, quantified, extracted, refined in-country, and integrated into end-user supply chains. In doing so, the Democratic Republic of the Congo ceases to be merely a raw materials supplier and becomes a powerhouse for innovation and technological advancement,” said Dr. Poly Mutombo, President of CVMR® (Africa) Inc.
About BITEC
Business Innovation Technology (BITEC) S.A.R.L. is a mineral development company focused on responsible resource advancement and industrial collaboration within the Democratic Republic of Congo, with an emphasis on value creation, regulatory compliance, and long-term national development.
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