History

1988

Astron became involved in two zirconium materials projects in China.

1992

Established Shenyang Astron Mining Industries Ltd importing zircon sand  and exporting zircon chemicals.

1996

Zircon flour factory at Zibo Shandong established.

1997

Set up zirconium chemical production JVs to expand  zirconium oxychloride and chemical zirconia capacity.

2000

The Bayuchuan factory was substantially expanded to produce fused zirconia.

2001

Astron Advanced Materials Ltd in England established to provide direct sales and product service for its European markets.

2004

Acquired Donald Mineral Sands, one of the largest enriched deposits of zircon sand  in the world.

2008

Sold Chinese zirconium chemical business to Imerys.

2009

Donald Project  Environmental Effects Statement approved.

2011

Purchased water rights to 7.0GL p.a. sufficient for Stages 1a and 1b of the Donald Project.

2012

Astron re-domiciles to Hong Kong.

2013

Release of feasibility study for DMS project.

2014

Capital return of $0.75 per share.

2015

Entry into an EPC contract with CMEC.

2016

Mining development and marketing.

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

Milestones achieved in the 3rd Quarter of 2016 continue to return cost effective outcomes for the business’s future. Achieved and planned milestones for 2016 include:

  • Submission of the Donald Site Work Plan Q4 2016
  • Donald Mineral Sands – Definitive Feasibility Study Q4 2016
  • Pre-Feasibility Engineering design of the Mineral Separation Plant commenced Q3 2016
  • Procurement and Engineering Technical reviews in both China and Australia commenced Q3 2016
  • Feasibility Design of the Donald Site Wet Concentrator Plant (WCP) completed Q3 2016
  • Logistics, Infrastructure and Civil designs completed Q3 2016
  • Project Execution and Packaging Plans completed Q3 2016

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