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ASTRON LIMITED - ASX: ATR
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Description
Astron Limited is listed on the ASX. Our business is developing technology for, and the production of, advanced materials and advanced chemicals from mineral sands. Based in China, over the last 22 years we built up our business to become the largest zirconium chemical producer in world with sales branches across China and globally. In order to expand into the larger and higher margin titanium markets the company recently sold its zirconium chemical operations in China to Imerys. The company is now developing a titanium base in north east China. It is expected that this base will include the production of advanced zirconium, titanium metals and chemicals.
Astron is based in Shenyang China, and in Australia in Sydney and the Donald Project in North West Victoria.
Donald Mineral Sands Project and Mineral Separation Plant
The Mineral Sands business consists of the Donald Mineral Sands mining project and Mineral Separation plant.
Donald Mineral Sands project comprises mineral sand exploration leases in the Murray Basin in North West Victoria. Mineral sands products produce iron, titanium, zirconium, silica, rare earths. This is possibly the largest zircon deposit in the world with equivalent large titanium deposits. On approximately 20% of this deposit we have completed mining, transportation and processing plans for the Donald Mineral Sands Project. Contained within this resource and within a boundary of composited drill-hole data is an Indicated and Inferred Resource of 477 Mt of Heavy Mineral @ 1.1% Zircon, 1.8% Ilmenite, 0.3% Rutile and 1.1% Leucoxene or 5.2 Mt Zircon, 8.5 Mt Ilmenite, 1.2 Mt Rutile and 5.4 Mt Leucoxene.
The intention is to process concentrates from the Donald Project through a mineral sand separation plant in China, producing zircon, high grade titanium, silica and ilmenite products for Aston’s internal use and for distribution into the wider Chinese market.
Mine For
zircon, titanium, ilmenite, rutile, leucoxene, silica
Location of operation(s)
Victoria
Address
Level 29, 2 Chifley Square
SYDNEY, NSW, AUSTRALIA
Phone
+61 2 9375 2361
Website
Last Updated
26/04/2011
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.
