Astra Mining’s UK entity, Astra Resources PLC (FRA: 9AR), was listed on the Frankfurt Stock Exchange in September 2011. The primary focus of Astra is to satisfy the expanding resource demands of the world’s largest urbanising nations, principally China and India, through the acquisition of an advanced steel technology known as T-Steel.
Astra aims to secure the supply chain of raw materials integral to steel making, including coking and thermal coal and iron ore, whilst diversifying into other commodities such as gold. In addition to its mining projects, Astra also has other high value ancillary projects including a resources industry based housing development and renewable energy projects.
The Directors of Astra Resources PLC (9AR: Frankfurt) (“the Company”) are pleased to announce the Company’s intention to apply for a listing on the Main Market (Standard Listing) on the London Stock Exchange with a public offering based on an approved Prospectus.
Further information will be provided to shareholders in due course.
The Company is continuing with its application for the inclusion in the Entry Standard segment of the Deutsche Börse AG and in due course wishes to also apply for the listing on the General Standard segment of the Deutsche Börse AG.
Astra Resources’ global portfolio includes gold interests in Southeast Asia, coal mine in Africa, iron ore in India, Norway and the Philippines, carbon efficient and commodity businesses, the production of the high-strength T-Steel technology in Hungary, clean coal technology and the provision of mining services housing in Rockhampton, Queensland and a large Agricultural focus on creating Australia as the food bowl for the Asian Region through Astra Agricultural Resources.
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