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About Us

Commerce Resources Corp.

Commerce Resources Corp. is a junior mineral resource company focused on developing the Ashram Rare Earth and Fluorspar Deposit located in Quebec, Canada. The Company is positioning to be one of the lowest-cost rare earth producers globally, with a specific focus on being a long-term supplier of mixed rare earth carbonate and/or NdPr oxide to the global market. The Ashram Deposit is characterized by simple rare earth (monazite, bastnaesite, xenotime) and gangue (carbonates) mineralogy, a large tonnage resource at favorable grade, and has demonstrated the production of high-grade (>45% REO) mineral concentrates at high recovery (>70%) in line with active global producers. In addition to being one of the largest rare earth deposits globally, Ashram is also one of the largest fluorspar deposits globally and has the potential to be a long-term supplier to the met-spar and acid-spar markets

The Company believes the Eldor property is ready to market to potential partners.

Vision & Mission Statement

Vision

To be the leading North American producer of rare earth elements, with a focus on the magnetic materials essential in building a sustainable, secure supply chain that powers technological advancement and clean energy solutions. 

Mission

Commerce Resources is dedicated to responsibly advancing the Ashram REE/Fluorspar Deposit in Nunavik. Our mission is to deliver high-quality materials while fostering partnerships with local stakeholders, upholding environmental standards, and supporting socioeconomic growth. We are committed to updating our project assessments and advancing through key milestones, including feasibility studies and environmental assessments, in compliance with industry standards and regulations.

Director of Corporate Development, Chris Grove, at Hazen Research, Golden Colorado, location of the Ashram pilot plant.
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