CVMR Corporation, Canada and Maheshwari Mining Private Limited (MMPL), Kolkata announces strategic Joint Venture for Critical Minerals

March 4, 2025 (Source) — CVMR Corporation, Canada and Maheshwari Mining Private Limited,(MMPL) India Kolkata is pleased to announce that they have reached an agreement to form a Strategic Joint Venture on 12th February 2025. This joint venture is strategically poised to address the burgeoning need for critical and energy transition minerals, which are essential for various high-tech industries and the shift towards sustainable energy solution.

There is significant potential for the extraction & refining of critical minerals in India. By combining CVMR’s advanced refining technologies with MMPL’s extensive exploration and mining expertise, the partnership aims to achieve significant advancements and offer end to end solutions in India and as well in other Geographies. The joint venture company will not only focus on meeting the domestic demand for critical minerals but also aim to serve global markets.

The primary focus of the JV Company will be on mineral beneficiation and refining of Critical Minerals, an area that holds significant importance for domestic needs and self-reliance of India. The proposed JV would focus on critical and energy transition minerals like Lithium, Graphene, Nickel, Copper, Veneniferous Titaniferous Magnetite (VTM).

The parties have agreed on a step-by-step development of the joint venture company. This joint venture marks a milestone in the collaboration between Canadian and Indian expertise in the field of mineral processing.

The agreement, made effective as of 12th February 2025, signifies a commitment to mutual growth and the exploration of new opportunities in the metal refining sector. Both parties are enthusiastic about the potential benefits this collaboration will deliver to their respective markets and beyond. Both Parties share a vision of creating a more sustainable mining industry where their combined efforts can contribute significantly to economic growth and technology advancement of the mining industry. Further details about the operations, governance, and operational milestones of the joint venture will be shared in due course.

About CVMR

CVMR Corporation, headquartered in Toronto, Canada, is renowned for its innovative solutions in refining metallurgical elements. CVMR is engaged in the business of designing, engineering, constructing and managing facilities for the refining of metallurgical elements for its own use and on behalf of others and directly and indirectly through its subsidiaries operating such facilities on its own behalf and on behalf of others.CVMR Corporation, a global leader in the design, engineering, and management of metallurgical refining facilities having specialization in vapor metallurgy.

For more information contact: CVMR Corporation 53 Kenhar Drive , Toronto, Canada email: [email protected]

About MMPL

Maheshwari Mining Private Limited (MMPL), based in Kolkata, is India’s premier end to-end exploration and mining Company catering to metal and coal sector. MMPL is an empanelled as a Notified Private Exploration Agency (NPEA) under Ministry of Mines. Govt.of India and NABET accredited from Quality Council of India (QCI) for metal & coal. It is worthwhile to inform that MMPL has recently discovered poly metallic deposits of Vanadium, Titanium, Magnetite, Copper, lead, Zinc and Rare Earth Elements (REE) with substantial equity holding in all these areas. MMPL is committed with its stakeholders to create shared value and contribute to positive socio-economic development in the communities it operates in.

For more information contact : Shilpangan, Block-LB, Plot-I, CF Building, 4th Floor, Sector-III, Salt Lake, Kolkata- 700098; email : [email protected]