ZURICH, SWITZERLAND / ACCESSWIRE / March 1, 2016 / Today, mining analyst Stephan Bogner published an update on Commerce Resources Corp. (TSX.V: CCE) and the rare earth market.
In a recent interview, Commerce Resources' President, Chris Grove, mentioned that several companies are interested in creating a vertically integrated supply chain not connected with China. The next big step is to produce mixed rare earth concentrate samples for interested parties (including BASF, Mitsubishi, DKK, Solvay, and Treibacher Industrie, whereas other companies are covered by non-disclosure agreements). These highly sought-after samples are expected to be produced later this year, which could lead to another milestone in the form of a joint venture or strategic partnership. A Pre-feasibility Study is also targeted for completion in 2016. According to today's press release, latest tests have shown another advantage in fluorspar as a potential by-product. There is a significant market for the commodity but it was not considered in the PEA. Québec's Société du Plan Nord has expressed interest in building a road that could connect Kuujjuaq with the railhead at Schefferville. If built, the road could potentially go by Ashram. The government has also discussed various means of incentives for Commerce if it were to place its proposed hydrometallurgical facility within Québec. In today's report, Rockstone presents recent publications on Commerce and the rare earth space.
The full report can be accessed with the following links:
English (PDF):
www.rockstone-research.com/images/PDF/Commerce15en.pdf
English (web version):
www.rockstone-research.com/index.php/en/research-reports/714-First-Come-First-Serve
German (PDF):
www.rockstone-research.com/images/PDF/Commerce15de.pdf
Disclaimer: Please read the full disclaimer within the full research report as a PDF as fundamental risks and conflicts of interest exist.
SOURCE: Rockstone Research Ltd.
