REEx Structural Momentum Score holds at 5.4/10 as policy moves faster than qualified dysprosium, terbium, and yttrium supply can follow.
Company Profile
Commerce Resources Corp
About Commerce Resources Corp
Commerce Resources Corp. (TSXV: CCE; OTC: CMRZF) is a Canadian rare-earth and critical-minerals exploration company headquartered in Vancouver, British Columbia, focused on advancing its flagship Ashram Rare Earth and Fluorspar Deposit on the Eldor Property in Nunavik, northern Quebec. Ashram is ranked among the largest rare-earth deposits outside China, with a globally significant resource enriched in neodymium and praseodymium plus middle and heavy rare-earth oxides, alongside a substantial fluorspar co-product.
The company also holds the Upper Fir tantalum-niobium deposit at its Blue River property in British Columbia. In 2025-2026 Commerce secured up to C$2.6 million from Canada’s Critical Minerals Infrastructure Fund for an access road to Ashram and entered a definitive merger agreement with ASX-listed Mont Royal Resources, valuing Commerce at roughly C$17 million as it works to develop a secure North American rare-earth supply source.
Historical record: Mont Royal Resources completed its acquisition of 100% of Commerce Resources on October 21, 2025.
Investor Snapshot
Operations & Materials
Corporate Structure
Recent Articles
Ex-China rare earth supply chain progress updated: processing, magnets, and HREE remain key bottlenecks despite mining advances.
Mont Royal Resources partners with Saguenay Port Authority to explore hydrometallurgical processing for the Ashram rare earths project in Canada.
Mont Royal Resources (ASX: MRZ) acquires Ashram rare earth deposit in Quebec—73.2Mt indicated resource with NdPr focus but faces infrastructure risks.
Commerce Resources discovers high-grade niobium mineralization at Eldor Property, revealing potential critical minerals resource adjacent to rare earth deposit…