Astra Resources PTY, LTD (FWB:9AR) is an Australian mining company, the parent of Astra Mining, whose primary focus is to satisfy the expanding resource demands of the world’s largest urbanizing nations, China

China

Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

 and India

India

India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

. Astra secures the supply chain of the raw materials related to the steel

Steel

Steel is an alloy that consists mostly of iron and has a carbon content between 0.2% and 2.1% by weight, depending on the grade. Carbon is the most common alloying material for iron, but various other alloying elements are used, such as manganese, chromium, vanadium, and tungsten...

 industry, including iron ore, coal

Coal

Coal is a combustible black or brownish-black sedimentary rock usually occurring in rock strata in layers or veins called coal beds or coal seams. The harder forms, such as anthracite coal, can be regarded as metamorphic rock because of later exposure to elevated temperature and pressure...

, gold

Gold

Gold is a chemical element with the symbol Au and an atomic number of 79. Gold is a dense, soft, shiny, malleable and ductile metal. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a...

 and other raw materials.

Operations

Astra Resources currently operates mines in several countries besides Australia - current operations include gold mines in Hoa Binh, Vietnam

Vietnam

Vietnam – sometimes spelled Viet Nam , officially the Socialist Republic of Vietnam – is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea –...

 and Ratanakiri Province, Cambodia

Cambodia

Cambodia , officially known as the Kingdom of Cambodia, is a country located in the southern portion of the Indochina Peninsula in Southeast Asia...

, Coal

Coal

Coal is a combustible black or brownish-black sedimentary rock usually occurring in rock strata in layers or veins called coal beds or coal seams. The harder forms, such as anthracite coal, can be regarded as metamorphic rock because of later exposure to elevated temperature and pressure...

 mines in Kogi

Kogi

Kogi or Cogui may be:*Kogi State, Nigeria*the Kogi people, Colombia**the Kogi language...

, Nigeria, Iron Ore mines in Orissa

Orissa

Orissa , officially Odisha since Nov 2011, is a state of India, located on the east coast of India, by the Bay of Bengal. It is the modern name of the ancient nation of Kalinga, which was invaded by the Maurya Emperor Ashoka in 261 BC. The modern state of Orissa was established on 1 April...

, India

India

India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

, a housing project in Rockhampton

Rockhampton

Rockhampton can refer to:* Rockhampton, Queensland is a city in Queensland, Australia* Rockhampton City, Queensland, a suburb of Rockhampton, Queensland* Electoral district of Rockhampton, Queensland, Australia...

, Queensland

Queensland

Queensland is a state of Australia, occupying the north-eastern section of the mainland continent. It is bordered by the Northern Territory, South Australia and New South Wales to the west, south-west and south respectively. To the east, Queensland is bordered by the Coral Sea and Pacific Ocean...

, and a joint venture partnership in a steel operation in Hungary

Hungary

Hungary , officially the Republic of Hungary , is a landlocked country in Central Europe. It is situated in the Carpathian Basin and is bordered by Slovakia to the north, Ukraine and Romania to the east, Serbia and Croatia to the south, Slovenia to the southwest and Austria to the west. The...

T-Steel

Astra Resources's largest asset is it's 45% 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 $6.03 billion.

Subsidiaries

Astra Resources is the parent company of Astra Mining, Astra Steelworks, and Astra Capricorn Investments, as well as the parent of an additional 20 Australian subsidiary companies, 2 Hong Kong

Hong Kong

Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

 subsidiary companies, 3 Indian subsidiary companies, 2 Singapore

Singapore

Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...

 subsidiary companies and 1 Nigerian subsidiary company that manage the projects.

Listing on the Frankfurt Stock Exchange

On 17 June 2011 Astra Resources Shareholders agreed to list the company on the Frankfurt Stock Exchange

Frankfurt Stock Exchange

The Frankfurt Stock Exchange is the world's 12th largest stock exchange by market capitalization. Located in Frankfurt am Main, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse, which also owns the European futures exchange Eurex and the clearing company...

. On 30 September 2011, the company was listed, with shares opening at €1.50. Astra Mining's symbol is FWB:9AR