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Commerce Resources Corp V.CCE

Alternate Symbol(s):  CMRZF

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.


TSXV:CCE - Post by User

Bullboard Posts
Post by thairaton Jun 29, 2019 5:04am
32 Views
Post# 29875743

America Has Been ‘Asleep at the Wheel’ on China’s REE threat

America Has Been ‘Asleep at the Wheel’ on China’s REE threatAmerica Has Been ‘Asleep at the Wheel’ on China’s Rare-Earth Threat

Rep. Chrissy Houlahan talks about new legislation that would require the Pentagon to ensure access to critical defense minerals.
Lara SeligmanJune 28, 2019

 President Donald Trump and Chinese President Xi Jinping during this weekend’s G-20 summit in Osaka, Japan, Congress is growing increasingly concerned that the supply of critical rare-earth minerals found in every advanced weapon in the U.S. arsenal could be a casualty of the escalating trade war. Chinese officials have in recent months raised the specter that Beijing could potentially cut off supplies of critical rare-earth materials—key components in products including cell phones and smart bombs—to the United States in response to Trump’s decision to impose harsh tariffs on Chinese goods and blacklist the Chinese telecommunications giant Huawei. Experts say such a move by China could devastate the United States’ ability to wage war, as Beijing controls more than 90 percent of the global production of these minerals. Rep. Chrissy Houlahan, a Democrat from Pennsylvania and former chemistry teacher, wants the Defense Department to do more to tackle this threat...


https://foreignpolicy.com/2019/06/28/america-has-been-asleep-at-the-wheel-on-chinas-rare-earths-threat/
Bullboard Posts