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Visit the Commerce Resources Website > | |
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Commerce Resources Corp. is an exploration and development company with a particular focus on tantalum, niobium and rare metal deposits with potential for economic grades and large tonnages. The Company is specifically focused on the development of its Upper Fir Tantalum and Niobium Deposit in British Columbia, its Eldor Rare Metal Project in northern Quebec and the Carbo Rare Metal Project in northern British Columbia.
Strong Cash Position
July, 2010 - Over $12 million cash on hand.
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Despite the important roles they play in the high-tech world and in our everyday life, many people have not heard of tantalum and niobium before. Tantalum is a rare metal with the highest capacitance, or the ability to hold and release electricity, known to science. It is primarily used by the electronic industry for the production of capacitors that find their way into cell phones, laptops, digital cameras, airbags, and other devices. It is also used for specialty applications in the aerospace, medical, and nuclear power industries. Niobium, on the other hand, is primarily used as an alloy for the production of harder and greater load-bearing steel. It is used, for example, in the manufacture of bridges, buildings, and oil and gas pipelines.
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