BE Resources has staked its claim to Be in New Mexico. (Be is the chemical symbol for beryllium.) The company owns the rights to mineral leases and mining claims covering about 33,000 acres in Socorro County and Sierra County, New Mexico -- known as the New Mexico Beryllium Project. The company plans to explore for beryllium, a lightweight metal with high thermal conductivity that is used in aerospace, automotive, defense, electronics, and medical applications. BE Resources acquired the majority of its property -- consisting of a lease from private landowners, three state leases, and unpatented mining claims -- from Great Western Exploration LLC (GWE) in 2007. BE Resources filed to go public in 2009.