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