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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
Comment by thairaton Oct 18, 2019 12:55pm
88 Views
Post# 30244412

RE:RE:Why Glencore would be interested in CCE’s fluorspar

RE:RE:Why Glencore would be interested in CCE’s fluorspar

Fluorspar

Fluorspar is recognised as a strategic mineral by the United States of America and the European Union

Downstream Products

Calcium fluoride is a vital component in several industrial applications, including steel production. It is also used to make hydrogen fluoride (AHF) which, in turn, is used in the production of refrigerants and to make aluminum tri-fluoride (AlF3), critical in aluminum smelting; uranium fluoride (UF6), used in nuclear power stations; and lithium hexafluorophosphate (LiPF6), used to make the electrolyte for lithium batteries.

Other applications further downstream are:

  • refrigerants
  • ceramics
  • glass
  • plastics
  • healthcare equipment
  • construction materials
  • electronic and electrical equipment
  • motor vehicles
  • pharmaceuticals
  • fluorochemicals
Bullboard Posts