Commerce Resources Corp V.CCE

Alternate Symbol(s): CMRZF

Metals & Mining Industrial Metals & Minerals

Commerce Resources Corp. is a Canada-based junior mineral resource company focused on the development of the Ashram Rare Earth and Fluorspar Deposit located in Quebec, Canada. The Company is primarily focused on suppling of mixed rare earth carbonate and/or neodymium and praseodymium (NdPr) oxide to the global market. Its primary asset is the Eldor Property in Quebec. The Eldor Property is situated in northern Quebec approximately 130 km south of the town of Kuujjuaq. The Property is 100%-owned by the Company and is composed of 244 claims comprising approximately 11,475 hectares, including the Ashram Rare Earth Deposit. Capacitor Metals Corp. is the wholly owned subsidiary of the Company.

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Commerce Resources Corp

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Post by thairaton May 29, 2019 8:58am

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Post# 29780983

State media points to REEs as leverage against US

SHENZHEN, China (AP)

State media have suggested that China’s rare earth resources could be
used as leverage against the United States in the countries’ ongoing
trade dispute.

The official newspaper of the ruling Communist Party, People’s Daily,
said in an editorial Wednesday that the U.S. is a major buyer of China’s
rare earth materials and is “highly dependent” on such resources.

Columns from the official Xinhua News Agency and the Global Times
newspaper also pointed to China’s rich supply of rare earths.

An official in China’s top economic planning agency did not rule out
using rare earths as a countermeasure against “the U.S.’s unwarranted
suppression.”