
Astra Mining is a company with largely diversified interests in the areas of iron ore, coal, gold, steel and other resources. According to Jaydeep Biswas, the company is listed through its UK subsidiary Astra Resources PLC. The company is listed on the Frankfurt Stock Exchange. In fact the Astra Resources PLC securities have been listed at € 1.50 and the listing is unconditional as confirmed by the listing agreement.
When you go through the Astra Mining You Tube Channel, you will find that the main focus of the company is to expand its business operations into two of the world’s biggest nations India and China. The company aims to satisfy the resource needs of these economies by securing the supply of raw materials related to its business like gold, steel, iron ore, coal, manganese and other such materials of value. The company also wants to capitalize on the growing steel market in both India and China as well.
In fact with the growing demand for its steel products has necessitated the need for securing large quantities of raw materials. Realizing this Astra Mining has signed joint venture partnerships for several of its new projects. The company already has 13 subsidiary companies in Australia, four Indian subsidiaries, two Hong Kong subsidiaries, one in Vietnam and one in Nigeria. Apart from these, Astra Mining is also on the look out for securing steel mills in Africa, India and parts of Eastern Europe.
The Jaydeep Biswas DVD also tells you that one of the major advantages of Astra Mining is its business model. The company has diversified business interests and with regard to the mining operations, the company enters into new markets by taking over existing mining licenses. This way the company does not have to incur any exploration expenses and hence there is no risk attached.