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 AllDutch1234567on Jan 30, 2021 6:42am

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China is feeling insecure about its global REE dominance

“We are not surprised by the export rule coming in” because it is consistent with China’s shift towards being a net importer of certain rare earths, said Dan McGroarty, an advisory board member of USA Rare Earth, a company that’s developing a rare earths mine in Texas. “It is just another strong signal that…we cannot simply rely on the continuation of Chinese exports in this space.”

https://qz.com/1962580/china-is-insecure-about-its-global-rare-earths-dominance/

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