CVMR Corp. (CVMR) of Canada and Central America Nickel Inc. (CAN) have recently announced that they have entered into an agreement whereby CVMR, using its proprietary chemical vapor metallurgy technology, will be concentrating 3 million tons of ore per year in Guatemala and refining the concentrate in Oak Ridge, Tennessee. This would operate through CVMR (USA) Inc., from CAN’s Santa Anita property in Guatemala.
CAN has managed to acquire major nickel /cobalt bearing deposits throughout Central America. CVMR is a leader in the metal refining and manufacturing of metal powders, super alloys, metal 3D printing feed materials, net shapes and metal parts of high value.
The CVMR’s refined products from this operation will be in the form of nickel foams with various porosity, Net Shapes used by the aerospace and defense industries, various nickel, iron and platinum powders used in the manufacture of car parts, 3D printing and injection molds, medical instruments, electronic parts, etc.