Detail akcie Astron Corp CDIs online

Business Summary: Astron Corporation Limited is an Australia-based critical minerals mining and production company. The Company 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. Its DMS segment is engaged in the development of the DMS mine. Its China segment is engaged in the operation of mineral processing plant and trading in mineral sands products. Its Senegal segment is engaged in the development of the Niafarang mine. The Donald Rare Earth and Mineral Sands Project is located in regional Victoria and encompasses a total tenement area of 426 square kilometers. The Niafarang project is located within an exploration license zone covering an area of 397 square kilometers.
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.