Astra Resources plc

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Astra Resources, PTY, LTD
Industry Mining
Headquarters Adelaide, Australia
Key people
Jaydeep Biswas (CEO), Silvana De Cianni (managing director)
Products Coal, iron ore, gold
Website [1]

Astra Resources plc (FWB:9AR) is a UK-based[1] mining company, the parent of Astra Mining, a producer of raw materials related to the steel industry, including iron ore, coal, gold and other materials.

T-Steel[edit]

The firm's largest asset is its 45%[2] share in the intellectual property of T-Steel. The basic product is a combination of highly specialized processes and alloying technologies invented over 30 years ago in Hungary. The technology is based on the modification of the metallurgical properties of steel at a molecular level. The result is a product that Astra claims is stronger, less expensive, and uses less raw materials to make than conventional steel. As of February 2011, Astra Resources's 45% IP stake in the T-Steel technology was reported to be worth $2.01 billion euros.[3][4]

References[edit]

  1. ^ "Company Structure". Astra Resources. Archived from the original on 10 August 2013. Retrieved 21 June 2013. 
  2. ^ "Astra Mining becomes major owner of T-Steel patented technology". Seeking Alpha. 8 September 2011. 
  3. ^ "T-Steel". Astra Resources. Archived from the original on 15 May 2013. Retrieved 21 June 2013. 
  4. ^ "Astra Mining becomes major owner of T-Steel patented technology". Proactiveinvestors News. 8 September 2011. 

External links[edit]