Company Overview

Astron Corporation Limited is domiciled in Hong Kong and listed on the ASX.

Astron Limited was set up in 1983 with its Headquarters in Sydney Australia, engaged in zircon sand and zircon chemical product processing and sales until 2008 when all four subsidiaries in China sold to Imerys S. A.

2012, Astron redomiciled to Hong Kong by registering Astron Corporation Limited which became a listed company in ASX replacing Astron Limited.

Astron first sold Australian zircon sand products to China in 1983, being one of the first Australian companies engaged in zircon sand sales in China, becoming one of the first Australian companies who invested in China, being one of the Australian companies succeeding in the business development in China.

Astron’s main focus is developing its two wholly owned mineral sands projects, the Donald Project in Australia and the Niafarang project in Senegal.

MEDIA

Astron’s project definition statements are advancing with both the Senegal and Donald projects. Project and Engineering teams are currently advancing the Definitive Feasibility study for the Donald project in the Murray Basin Victoria.

Project milestones are continuing with Environmental, Engineering design, Infrastructure and operational preparedness activities.

ANNOUNCEMENTS

Donald Mineral Sands (DMS) Project status:
Detailed Engineering and Definition Stage.

In 2019 DMS excavated a 1,000t run of mine (RoM) bulk sample of ore which was used for Wet Concentrator piloting works in 2020 using a purpose built 1:121 scale plant constructed in accordance with designs compiled during feasibility studies. The resultant 24t of Heavy Mineral Concentrate (HMC) produced will be utilised for future test work and sales samples.

DMS are currently undertaking Rare Earth's floatation test work, preliminary results have indicated recoveries of up to 97% CeO2 and work is ongoing.

Further work around production and financial models, air and noise studies, rehabilitation program, Ore Reserve statement, logistics, risk profiling, project execution planning and infrastructure agreements will continue through the 2021 financial year.

Senegal Mineral Sands Project status
Infrastructure planning & collaborative land access stage.

With several infrastructure contracts awarded, works await the acceptance and detailed collaborative access structure which will benefit both Astron's Senegalese subsidiary Senegal Mineral Resource (SMR) and the local villages through resource sharing, community development and social enterprise opportunities.

China processing status
Rebuild well underway.

Astron's new MIneral Separation processing plant has been successfully commissioned and is capable of processing up to 150,000tpa of ilmenite material for use as a high-quality feedstock for chlorination markets with TiO2 production plants in China.

Final stage commissioning of our Micro-agglomeration plant in Yingkou is underway, where expected monthly production volumes of up to 3,000t.

Testing and research and development facilities continue to be developed and upgraded.

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