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Visit the Commerce Resources Website > | |
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Commerce Resources Corp. is developing rare metal projects hosting tantalum and niobium in British Columbia and Quebec. The company aims to become a large and profitable low-cost producer of these metals for the global market.
Strong Cash Position
October, 2009 - Over $17 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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