Detail akcie Astron Corp CDIs online

Business Summary: Astron Corporation Limited is an Australia-based mining and processing company. The Company is engaged in mineral sand processing, technology and downstream product development, as well as the marketing and sale of zircon and titania (titanium dioxide) products. It has three wholly owned subsidiaries: Donald Mineral Sands Pty Ltd (DMS), Astron Titanium Yingkou Company Limited (Astron Titanium) and Senegal Mineral Resources (SMR). DMS holds the Donald Rare Earth and Mineral Sands Project (the Donald Project), Astron Titanium operates the Yingkou Mineral Separation plant located in China and SMR holds the Niafarang Project located in Senegal. The Donald Mineral Sands Project is located in regional Victoria and encompasses a total tenement area of approximately 426 square kilometers (km2). The Niafarang Mineral Sands Project is located within an exploration zone covering an area of approximately 397 km2 along a 75 kilometer (km) stretch of the Casamance coast of Senegal, West Africa.
Financial Summary: BRIEF: For the six months ended 31 December 2023, Astron Corp Ltd revenues decreased 7% to A$6.3M. Net loss increased from A$5.1M to A$17.1M. Revenues reflect Donald Mineral sands segment remaining flat at A$0K. Higher net loss reflects Senegal segment loss increase from A$60K to A$10.1M, China segment loss increase of 66% to A$3.7M, Others segment loss increase of 26% to A$2.4M.