CVMR (1)

CVMR Corporation (“CVMR®”) announced its intention to establish three new divisions in the United States: Metal Powder Manufacturing; Metal Additive Manufacturing (3D Printing) Equipment Design and Development; & Metal Powder Innovation Centre.

The Metal Powder Manufacturing plant and Metal Additive Manufacturing Plant will be housed in Kentucky and the Metal Powder Innovation Centre will be located in Tennessee. Phase 1 of all three Divisions will be operational by December 2015, and will gradually expand over the following 3 years.

CVMR Corporation (“CVMR®”) manufactures pure metal powders, metal nano powders, and metal alloy powders of various morphologies, specifically for the additive manufacturing sector. CVMR® uses its proprietary Carbonyl and other proprietary Vapour Metallurgical processes in manufacturing these powders.

CVMR® has partnered with a number of prominent equipment manufacturers in the Additive Manufacturing and 3D Printing field in order to design and build state of the art equipment, using CVMR®’s metal powders as feed material. “This will create a fully integrated operation, from the mineral sources to the end-user products for CVMR®. We either own most of the mining concessions that supply the raw material for our operations, or we have long-term off take agreements with prominent mining companies who supply us with various metal ores or concentrates, worldwide. We refine those minerals, using our proprietary processes and technologies, and now our clients can actually use our metal powders using our equipment to manufacture state of the art end user products," Dr. Kamran M. Khozan, Chairman and CEO of CVMR®, announced at a press conference in New York, today.

He added, “We are currently negotiating with a number of multinational corporations, in the United States and Europe, that have the technical know-how, to partner with us in developing the next generation of additive manufacturing equipment such that they can be used in as many industries as possible, almost off the shelf.”

CVMR® has also carried out extensive research in new methods of Extrusion molding, using metal powders.

The following metals powders and their various alloys are currently being produced by CVMR®: Nickel, Iron, Chromium, Cobalt, Molybdenum, Tungsten, Vanadium, Titanium, Tantalum, Niobium, and others.

These metals and their various alloys are produced by CVMR® from low cost feed sources, such as CVMR®’s own mineral concessions, low-grade ores, concentrates, and scrap metals. Dr. Khozan added, “Our technology allows us to refine low grade ores, quite efficiently. That has helped us to compete in quality and price, simultaneously, in the additive manufacturing market. The development of our fully integrated systems is yet another step in that direction.”

Besides metal powders, CVMR® produces net shapes, coatings and super alloys for the electronics and other high tech industries.

CVMR Corporation (CVMR®) is a privately held multinational organization with its head office and R&D Centre in Toronto, Canada. It is engaged in manufacturing of high value metal powders, net shapes and super alloys using CVMR®’s proprietary vapour metallurgy processes and providing a range of technologically innovative solutions to the mining, refining and metal powder manufacturing industries. CVMR® employs over 42,000 technicians and engineers in 18 countries.

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