Minerals & Metals · QC · #62 of 131 disclosed prospectus tickets

Ashram Rare Earths & Fluorspar

Summit deal plate

Monazite REE (NdPr); fluorspar by-product

At a glance

Proponent
Commerce Resources
Capex (as printed)
US$840M
Capex (US$, midpoint)
US$840M
Stage
Feasibility / permitting
Location
56.90°N, 68.20°W
Summit deal plate
Yes — in the 167-project prospectus pitched Sept 14–15 2026
Fast-track list
No MPO referral on record
Project location.

Modelled GDP contribution Modelled

Build 2030–2032 at 55% construction value-added, then 15% of capex per year operating. Peak US$154M/yr · cumulative 2026–40 US$1.4B.

US$0MUS$50MUS$100MUS$150M2026203020352040

Connectivity · nearest existing infrastructure

Straight-line distance from the project point to the nearest vertex of each network layer.

Railway250 km
Major highway1,013 km
Transmission ≥230 kV460 km
Pipeline1,301 km
PortGoose Bay634 km
Generating stationChurchill Falls (5,428 MW)460 km
City >50kChicoutimi961 km

Nearest other projects

Strange Lake Rare EarthsMinerals & Metals257 km
Shaakichiuwaanaan (Li-Ta-Cs)Minerals & Metals395 km
Scully Manganese SulphateMinerals & Metals453 km
Kami Iron OreMinerals & Metals457 km
Lac Knife GraphiteMinerals & Metals460 km

Also in Quebec

Kino Aski LNG (cross-Canada to Québec port)Early / conceptUS$23B
Projet MauricieAdvanced / FEEDUS$3.0B
Strange Lake Rare EarthsFeasibility / permittingUS$2.2B
Courant Project (H₂ + hydro for ammonium nitrate)Advanced / FEEDUS$1.8B – US$2.1B
Contrecœur Container TerminalAdvanced / FEEDUS$1.7B
Matawinie Graphite MineAdvanced / FEEDUS$1.3B

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