Commerce Resources Corp

Commerce Resources Corp. is a mineral exploration company primarily focused on the development and exploration of rare earth element deposits. The company's flagship project is the Ashram Rare Earth Deposit located in northern Quebec, Canada, which is recognized for its significant potential in rare earth elements such as neodymium and praseodymium. These elements are critical for various industries, including technology and renewable energy sectors, where they are essential in the production of high-performance magnets and other advanced materials. Commerce Resources Corp. aims to become one of the leading suppliers of these vital materials as demand grows due to the increasing prominence of electric vehicles and green energy solutions. The company plays a pivotal role in advancing North America's supply chain security for rare earth elements, which are predominantly sourced from other regions, highlighting its strategic importance in the market.