Astra Resources

Last updated
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

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.

Contents

T-Steel

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

  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.
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