CVMR (Texas) groundbreaking ceremony Amarillo Economic Council (Amarillo EDC) partnership with the city of Amarillo
CVMR (Texas) hosted a groundbreaking ceremony Monday with the Amarillo Economic Council (Amarillo EDC) to kick off a partnership with the city of Amarillo for a $1.5 billion critical minerals refinery, which would be the first of its kind anywhere in the United States. Present at the groundbreaking event were U.S. congressional colleagues Sheila Jackson Lee, representing the 18th Congressional District in Houston, and Ronny Jackson, representing the Panhandle and the 13th District. While …
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Jul 27, 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 …
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Jun 21, 2022
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 …
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Jun 17, 2022
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 …
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Jun 09, 2022
Amarillo City Council approves tax incentives to incentivize $2.5 billion in investment
Amarillo Economic Development Corporation President Kevin Carter speaks to the crowd at the “State of the Economy” event in this file photo. Carter spoke about the centralized location of Amarillo along Interstate 40, which makes it ideal for two major business prospects discussed at Tuesday’s Amarillo City Council meeting. The Amarillo City Council on Tuesday unanimously approved five economic development-related incentives toward two major business investments for the Amarillo area for Producer Owned Beef, …
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May 27, 2022
Amarillo City Council approves ‘historic’ economic development-related measures
by: David Gay AMARILLO, Texas (KAMR/KCIT) — Officials from the Amarillo Economic Development Corporation, along with the Amarillo City Council, expressed numerous times how historic Tuesday’s regular meeting was, with the council passing five economic development-related measures that could bring in billions of dollars in economic impact if two new companies choose to call Amarillo home. “This might be a grand slam,” Amarillo Mayor Ginger Nelson said during the meeting. “Thirty-three years the EDC …
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May 25, 2022
The Critical Metals Dilemma – The folly of protecting our future by using yesterday’s tactics
The Critical Metals Dilemma The folly of protecting our future by using yesterday’s tactics To paraphrase Voltaire, “It is dangerous to be right in matters on which the established authorities are wrong.” Yet I am willing to take that risk in this article. As Chairman of CVMR Corporation, a mining and refining company based in Canada and the United States with subsidiaries in 18 countries, I thought I had sufficient information at my fingertips …
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May 03, 2022
CVMR Corporation is Mining Graphite in Turkey
CVMR Corporation’s Managing Director in Turkey, Mr. Mehmet Bozdemir, announced CVMR’s investment in two high grade graphite mines in Turkey. CVMR has been producing graphene and graphite from CO2, CO, methane, and coal in the past 7 years. However, ‘Producing graphite and graphene from a natural source of graphite would be far less complicated and cheaper’ emphasises Mr. Bozdemir. TORONTO (PRWEB) OCTOBER 22, 2021 CVMR Corporation’s Managing Director in Turkey, Mr. Mehmet Bozdemir, announced CVMR’s …
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Oct 22, 2021
Toronto-based company pushing to refine unused nickel at Paducah DOE site
PADUCAH — Thousands of tons of nickel at the Paducah Department of Energy site could help spur economic development in the region. The Paducah Area Community Reuse Organization, or PACRO, heard a presentation Wednesday on ways to begin refining the nickel. There are about 9,700 tons of nickel ingots along with about 6,000 tons of nickel still in the old equipment at the DOE site. Chemical Vapour Metal Refining (CVMR), a Toronto-based metal refining …
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Sep 16, 2021
PACRO continues discussion of DOE site nickel
By DAVID ZOELLER DZOELLER@PADUCAHSUN.COM The Paducah Area Community Reuse Organization agreed Wednesday to learn more about the potential economic impact that could come from 10,000 tons of nickel currently located at the U.S. Department of Energy’s Paducah site. PACRO is the single point of contact designated by the DOE to identify and reuse surplus assets from the Paducah Gaseous Diffusion Plant to help offset the economic impact on communities, including the loss of jobs, …
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Jul 23, 2021