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HomeCVMR NewsEthiopia: 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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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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