Today, Commerce Resources Corp. has announced entering into a MOU with NorFalco, one of North America’s largest suppliers of sulphuric acid, which is one of the largest consumables in the flowsheet of Commerce’s Ashram REE Project in Quebec, Canada.
Oil fell on Thursday as rising exports from Iraq underlined the global oversupply situation, outweighing the effects of a surprise fall in U.S. inventories the previous day.
Just over three months after the authorities lifted the four-decade ban on crude oil exports, the U.S. has actually exported less this year than it did over the same period the year before, when the ban was still in place.
Oil prices fell on Tuesday, reflecting growing concerns that a two-month rally may be in danger of fizzling, while analysts forecast another rise to record levels for U.S. crude stockpiles.
