Astra Resources Explained

Astra Resources, PTY, LTD
Location:Adelaide, Australia
Key People:Jaydeep Biswas (CEO), Silvana De Cianni (managing director)
Industry:Mining
Products:Coal, iron ore, gold
Homepage:http://www.astraresources.co.uk/

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.

This company is now known as Incept Holdings, registered in Hong Kong. Refer to companies House UK for further information.

Astra Resources plc was dissolved in Jan 2019

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. Web site: Company Structure . Astra Resources . 21 June 2013 . dead . https://web.archive.org/web/20130810094132/http://astraresources.co.uk/en/about/about-the-company . 10 August 2013 .
  2. Web site: Astra Mining becomes major owner of T-Steel patented technology . Seeking Alpha . 8 September 2011.
  3. Web site: T-Steel . Astra Resources . 21 June 2013 . dead . https://web.archive.org/web/20130515004422/http://www.astraresources.co.uk/en/globalprojects/industrial-and-energy-technologies/t-steel . 15 May 2013 .
  4. Web site: Astra Mining becomes major owner of T-Steel patented technology . Proactiveinvestors News . 8 September 2011.

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