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Title: CVMR and BITEC Establish Joint Venture CVMR R.D. Congo S.A.R.L. to Advance Exploration and In-Country Refining of Strategic Minerals

United States, 6th Mar 2026 -  In a joint communiqué, CVMR Corporation of Canada and Business Innovation Technology (BITEC) S.A.R.L. of the Democratic Republic of the Congo announced the execution of their joint venture agreement in the Democratic Republic of the Congo under the corporate name CVMR (R.D. Congo) S.A.R.L. (hereinafter referred to as “CVMR Congo”). The agreement is consistent with the well-established modus operandi of the CVMR group of companies which focuses on the evaluation, extraction, and in-country refining of critical minerals in partnership with the host governments, followed by the export of refined, value- added products to international markets. CVMR employs its proprietary Vapour Metallurgy technologies for the refining of critical metals. These technologies are designed to be environmentally neutral, minimizing environmental impact while achieving ultra-high-purity outputs. The strategic partnership between CVMR Corporation and BITEC is focused on gold, copper, nickel, coltan, iron, and cobalt in specific areas licensed by the DRC government. The agreement establishes a vertically integrated framework spanning exploration, mining development, and the deployment of CVMR’s proprietary refining technologies. This approach enables mineral resources to be processed domestically rather than exported in raw form for refining abroad, reinforcing local value creation while contributing to a more geographically diversified global refining landscape.Under the agreement, CVMR and BITEC will collaborate on the evaluation, quantification, and development of their mineral concessions as well as the potential deployment of refining facilities based on CVMR’s Vapour Metallurgy platform. These technologies enable the production of ultra-high-purity m...

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