July 21, 2025 — For four decades, Kamran M. Khozan—Founder, CEO and Chairman of CVMR® Corporation—has pressed metallurgy, capital markets and public policy toward one audacious idea: emancipating critical minerals from the financing gridlock that keeps them scarce, opaque and under‑valued. CVMR, headquartered in Toronto but active in 22 countries, can refine 36 metals into ultra‑pure powders and net‑shape products; now Khozan wants to make those metals function as liquid financial assets.
The mechanism arrived on July 17, when CVMR signed a Memorandum of Understanding with FINATRADES of RAMINVEST Holding, a Dubai‑ and Swiss‑based fintech platform. The partnership will lock refined metal—nickel ingots, cobalt powder, rare earth oxides, uranium—into secure vaults, tag each tranche to a cryptographic token, and let industrial buyers, sovereign funds and lenders trade or collateralize the tokens as easily as bullion. “Finally, the technology, the financial community and the mining community are at a stage where they can marry each other in developing something that has not been done before,” Khozan told InvestorNews host Tracy Hughes.
Jack Lifton, Co‑Chair of the Critical Minerals Institute (CMI), captured the scale of the ambition: “This has been tried many times before, but never by a powerhouse like this.” Khozan’s definition of powerhouse is expansive. The venture aims to become “the largest critical minerals conglomerate,” spanning extraction, refinement, finance and marketing in one transparent loop. Each token will be backed one‑to‑one by physical metal certified by CVMR and listed on the FINATRADES exchange. “One of the major problems of the mining companies, especially small to medium‑sized companies, is finding finance for what they’re trying to do,” Khozan said. “This probably will solve that problem.”
He argues that tokenization gives strategic elements the bankable stature long monopolized by gold. “Gold is gold, whether it’s in the ground or in your hand… Other metals do not have that status. We tried to give them that status and I think finally we have managed to do that.” The marketplace will begin with hubs in Texas, Tirana, London and Toronto; Khozan expects tighter bid‑ask spreads and fewer arbitrage opportunities. “If I’m buying cobalt, I want to know how it was mined, how it was refined, what chain of supply it went through,” he said. “This system… gives the market a stable pricing for all these metals that cannot deviate too much.”
Transparency extends to taxation and human‑rights compliance—an explicit rebuke to the tax‑avoidance mystique that clings to parts of the crypto industry. “We are trying not to do that clever thing and dodge taxes,” Khozan said with a dry laugh. “Blockchain—something that is traceable—you know where the origin is. You know that these institutions… have a good human‑rights track record.” A joint working group has been formed to police compliance, product development and risk management.
Africa, where CVMR already concentrates ore at the mine site, stands to benefit early. Khozan envisions refining roughly half the output in‑country, developing local engineers and tax bases, while shipping the remainder to North American facilities. “If we start slowly in those countries and refine… then bring some of it to North America, we have spread the goods,” he said. The model, he added, avoids the “straitjacket” of conditional lending by multilateral banks: “Our banking system does not impose those conditions… From inside we create jobs, we create technology, we educate.” The approach also appeals to governments eager for supply‑chain security. The partnership’s white‑paper highlights physical custody, immutable ledgers and ESG vetting as antidotes to price shocks and resource nationalism. Khozan’s invitation is open‑ended: “We can do this for the entire industry,” he said. “Whoever wants to do this is welcomed into the system and we can help them finance it, refine their metals and also market them.”
To access the complete interview, click here
Don’t miss other InvestorNews interviews. Subscribe to the InvestorNews YouTube channel by clicking here
About CVMR® Corporation
CVMR® is a privately held corporation with its head office located in Toronto and operations in 22 countries. It provides a supply of critical mineral resources for refining in Canada, the United States, Europe and at various mining sites in Africa, assures direct involvement of mine owners with refining of resources, integrates management of refinery operations with metal markets supply and inventory control of finished products with accountability for industrial market commitments. CVMR® refines metals, and intermediates, mostly in nickel, iron, cobalt, PGE, copper, gold, silver, tantalum, niobium, molybdenum, vanadium, scandium, Rare Earth Elements, and manufactures high value metal products. Over the past 40 years, it has developed a unique series of processes and technologies for refining all Transition Metals from which it manufactures various metal powders, nano-powders, complex net shapes and products. CVMR®’s refining/manufacturing process is capable of producing metal products with exceptional high purity and unique performance characteristics.
To learn more about CVMR Corporation, click here
Disclaimer: CVMR Corporation is an advertorial member of InvestorNews Inc.
This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.
This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.
Leave a Reply