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HomeCVMR NewsSouth Sudan ink mineral exploration deal with U.S., Canadian mining firms – Xinhua, China

South Sudan ink mineral exploration deal with U.S., Canadian mining firms – Xinhua, China

Author: CVMR®
Date of publication: 16.09.2019
Reading time: 3 min.
702

South Sudan ink mineral exploration deal with U.S., Canadian mining firms – Xinhua, China

Source: Xinhua| 2019-09-16 23:58:00|Editor: Mu Xuequan

JUBA, Sept. 16 (Xinhua) — South Sudan has signed a mineral exploration agreement with two American and Canadian mining and metal refining companies.

The pact was signed by South Sudan’s mining minister Gabriel Thokuj Deng and executives of U.S.-based mining firm REE-Magnesium and Canada’s CVMR Inc at the South Sudan embassy in Washington on Sept 12, the firms said in a joint statement Monday.

The agreement would allow the mining companies to conduct satellite imaging to map out mineral resources in the conflict-torn east African country.

“Today is a great day to begin real cooperation between South Sudan, U.S. and Canada to unlock the mineral wealth of my country. It has been quite a long time that South Sudan has been waiting for this day,” said Deng.

The exploration pact also seeks to allow the South Sudanese government to tap into its mineral resources of petroleum, iron, copper, chromium, nickel, cobalt, zinc, tungsten, mica, silver, and gold, among others.

The signing came after top executives of CVMR and REE-Magnesium last month met South Sudanese President Salva Kiir in Juba where they discussed ways of developing the country’s mineral sector.

Conflict-torn South Sudan has the third-largest oil reserves in sub-Saharan Africa, estimated at 3.5 billion barrels and much of the reserves being unexplored. The country is also rich in wildlife and forest resources.

Read more from original source: South Sudan ink mineral exploration deal with U.S., Canadian mining firms

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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