Board Change • May 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Non-Executive Director Catherine Costello was the last director to join the board, commencing their role in 2026. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 12
Astron Limited Announces Appointment of Catherine Costello as Non-Executive Director, Effective January 12, 2026 Astron Limited has appointed Ms. Catherine Costello as a non-executive director, effective January 12, 2026. Ms. Costello brings more than 25 years of experience in Australian and multinational resource businesses, including large ASX-listed and US-listed entities, in which she has held key executive roles with responsibility for financial management, strategic development and governance. She has been closely involved in strategic decision making and transformative business processes and has led significant corporate transactions. Her board experience includes executive and non-executive director roles as well as providing independent advisory services while chairing board committees. Ms. Costello is currently employed by Ok Tedi Mining Limited as General Manager, Project Financing and Strategy. Prior to this, her role at Ok Tedi Mining was Chief Financial Officer and General Manager People and Commercial. Ms. Costello is a Chartered Accountant and Chartered Secretary. She is a graduate of both the Australian Institute of Company Directors and the Governance Institute of Australia and holds the degrees of Bachelor of Commerce and Master of Science (Mineral Economics). Ms. Costello presently serves as a non-executive director and chair of the Audit Committee of ASX-listed Horizon Oil Limited. Board Change • Dec 24
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. No independent directors (5 non-independent directors). Chairman of the Board George Lloyd was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Oct 24
Astron Corporation Limited, Annual General Meeting, Nov 25, 2025 Astron Corporation Limited, Annual General Meeting, Nov 25, 2025. Location: bdo melbourne, tower 4, level 18, 727 collins street, docklands, victoria3008, Australia Announcement • Oct 21
Energy Fuels Inc. and Astron Limited Announce Conditional Letter of Support for the Donald Project Energy Fuels Inc. and Astron Limited announced that they have received a non-binding and conditional Letter of Support from Export Finance Australia (EFA) (dated 21 October 2025), for up to AUD 80 million in respect of senior debt project financing for the development of the Donald Rare Earth and Mineral Sands Project ("Donald Project"). The Donald Project total funding requirement is estimated to be AUD520mm based on the latest project parameters released in July 2025, The joint venture is targeting a 50%: 50% debt-to-equity gearing ratio and is working with other Export Credit Agencies and senior lenders to confirm the syndicate that will provide the project financing facility for the Donald Project. EFA is Australia's export credit agency, providing commercial finance for export trade and overseas infrastructure development. The shovel ready Donald Project is one of Australia's most advanced critical mineral projects, targeting the production of rare earth elements (REEs), which are expected to be shipped to Energy Fuels' mineral processing facility in the U.S. for production of advanced REE materials, and zircon-rich heavy mineral concentrates for global supply chains. Production is planned to commence as early as H2 2027, subject to securing project financing and completion of a positive final investment decision ("FID") for the Project. With 100% of the Project's Rare Earth Element Concentrate ("REEC") subject to a life-of-mine offtake agreement with Energy Fuels, the Donald Project, once developed and brought into production, will strengthen global supply chain resilience for Western and partner nations. When in production, Phase 1 of the Donald Project is expected to produce on average 7.2 thousand tonnes (" ktpa") of REEC per annum containing both light and highly strategic heavy rare earths, including up to 1,000t of Neodymium-Praseodymium ("NdPr") oxides, 92t of Dysprosium (Dy) oxide, and 16t of Terbium (Tb) oxides per year. Energy Fuels' White Mesa Mill ("Mill") in Utah, USA has the current capacity to process all of the Donald Project's Phase 1 REEC production and extract the light and heavy REEs. The Mill also has the current capacity to produce up to 1,000t the separated Dy, Tb, and potentially other heavy REE oxides as soon as late 2026. Based on the revised project economic parameters, which were announced on 23 July 2025, the Project's indicative forecast total funding requirement is AUD520 million (in nominal terms) including capital expenditures and start-up working capital, as well as AUD 44 million of indicative finance costs, fees and interest during the construction period, and funding reserves, based on targeting a base case 50%:50% debt-to equity ratio.ron will continue to work with its debt advisor, ICA Partners, on the arrangement of debt funding for the Donald Project. This announcement is authorised for release by the Managing Director of Astron and CEO of Energy Fuels. Board Change • Aug 18
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. No independent directors (5 non-independent directors). Chairman of the Board George Lloyd was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Jun 26
Energy Fuels' Donald Rare Earth and Mineral Sand Joint Venture in Australia Receives Final Major Regulatory Approvals Energy Fuels Inc. announce that the Government of Victoria, Australia has approved the Work Plan for the construction and operation of the Donald Rare Earth and Mineral Sand Project (the "Donald Project") located in the Wimmera region of Victoria. This is the final major regulatory approval required to construct and operate the Donald Project. It enables the finalization of critical activities, including arrangements for debt and equity financing, before a final investment decision ("FID") can be made. The Donald Project is a joint venture ("JV") between US-based Energy Fuels and Australia-based Astron Corporation Limited ("Astron"), under which Energy Fuels has the right to invest a total of AUD 183 million (USD 119 million at current exchange rates), plus issuance of USD 17.5 million of common shares, to earn up to a 49% interest in the project. The Donald Project is expected to provide Energy Fuels with a low-cost and long-term allied supply of monazite- and xenotime-bearing REE mineral concentrate ("REEC"), which the Company plans to import into the U.S. for processing into high-purity separated REEs at the Company's White Mesa Mill in Utah (the "Mill"), including neodymium-praseodymium ("NdPr"), terbium ("Tb"), dysprosium ("Dy"), and potentially samarium ("Sm") and others. Once in operation, the Donald Project JV will sell: (i) all the REEC to Energy Fuels at then-prevailing market prices and (ii) the titanium and zircon heavy mineral sand concentrate ("HMC") to Astron or other global customers. Following payment of all JV expenses, all profits from the JV will be distributed to Energy Fuels and Astron, pro rata according to their respective ownership interests. This arrangement is expected to provide Energy Fuels with a low-cost and large-scale source of REE feedstock for several decades. This June 3, 2024 news release describes additional terms of the JV. Phase 1 of the Donald Project is expected to supply Energy Fuels with approximately 7,000 – 8,000 metric tons ("tonnes") of REEC per year ("Donald – Phase 1"), commencing as early as 2026. 8,000 tonnes of REEC from the Donald Project would contain approximately 4,700 tonnes of total REE oxides ("TREO"), including roughly 990 tonnes of separated NdPr, 84 tonnes of Dy oxide, and 14 tonnes of Tb oxide. Energy Fuels has the current installed "Phase 1" capacity at the Mill in Utah to process the Donald – Phase 1 quantities of REEC into separated NdPr, along with a samarium-plus ("Sm+") REE concentrate. The Sm+ concentrate would be stockpiled at the Mill for future processing into separated "mid" and "heavy" REE oxides in the planned Phase 2 expansion of the Mill (the "Phase 2 Mill Expansion"). Announcement • Dec 05
Astron Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 11.545191 million. Astron Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 11.545191 million.
Security Name: CHESS DEPOSITARY INTERESTS
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 15,219,986
Price\Range: AUD 0.66
Discount Per Security: AUD 0.0396
Security Name: CHESS DEPOSITARY INTERESTS
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 2,272,727
Price\Range: AUD 0.66
Discount Per Security: AUD 0.0396
Transaction Features: Rights Offering Announcement • Nov 13
Astron Corporation Limited, Annual General Meeting, Dec 05, 2024 Astron Corporation Limited, Annual General Meeting, Dec 05, 2024. Location: at bdo melbourne, tower 4, level 18, 727 collins street, docklands, victoria 3008, Australia Announcement • Oct 24
Astron Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million. Astron Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 4,545,455
Price\Range: AUD 0.66
Transaction Features: Subsequent Direct Listing Announcement • Oct 17
Astron Corporation Limited has filed a Follow-on Equity Offering in the amount of AUD 10.045133 million. Astron Corporation Limited has filed a Follow-on Equity Offering in the amount of AUD 10.045133 million.
Security Name: CHESS DEPOSITARY INTERESTS
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 15,219,898
Price\Range: AUD 0.66
Transaction Features: Rights Offering Reported Earnings • Sep 17
Full year 2024 earnings released: AU$0.16 loss per share (vs AU$0.06 loss in FY 2023) Full year 2024 results: AU$0.16 loss per share (further deteriorated from AU$0.06 loss in FY 2023). Revenue: AU$12.2m (down 16% from FY 2023). Net loss: AU$24.9m (loss widened 222% from FY 2023). Board Change • Apr 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman of the Board George Lloyd was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 28
Astron Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million. Astron Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million.
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 5,357,143
Price\Range: AUD 0.56
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 7,142,857
Price\Range: AUD 0.56
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 5,357,143
Price\Range: AUD 0.56
Transaction Features: Subsequent Direct Listing Board Change • Mar 07
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman of the Board George Lloyd was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman of the Board George Lloyd was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 04
Astron Corporation Limited, Annual General Meeting, Dec 28, 2023 Astron Corporation Limited, Annual General Meeting, Dec 28, 2023, at 11:00 China Standard Time. Location: Rooms 43A & 23B, Level 43, champion tower, No. 3 Garden road Central Hong Kong Agenda: To consider and approve the Director report and financial report for the year ended 30 June 2023; to consider and approve the election of Director; to consider and approve the appointment of Director; to consider and approve the remuneration report; to consider and approve the ratification of prior issue of shares; to consider and approve to issue of 15% of securities; and to consider and approve the change in performance rights plan. Board Change • Dec 04
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman of the Board George Lloyd was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 23
Astron Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 2.68 million. Astron Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 2.68 million.
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 3,000,000
Price\Range: AUD 0.56
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 1,785,714
Price\Range: AUD 0.56
Transaction Features: Subsequent Direct Listing Board Change • Nov 14
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman of the Board George Lloyd was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 09
Astron Corporation Limited has filed a Follow-on Equity Offering in the amount of AUD 10.000001 million. Astron Corporation Limited has filed a Follow-on Equity Offering in the amount of AUD 10.000001 million.
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 10,714,286
Price\Range: AUD 0.56
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 7,142,858
Price\Range: AUD 0.56
Transaction Features: Subsequent Direct Listing Announcement • Oct 12
Astron Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 1.68 million. Astron Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 1.68 million.
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 3,000,000
Price\Range: AUD 0.56
Transaction Features: Subsequent Direct Listing New Risk • Sep 06
New major risk - Revenue and earnings growth Earnings have declined by 26% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 26% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (AU$75.5m market cap, or US$48.1m). New Risk • Aug 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.3m free cash flow). Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (AU$80.6m market cap, or US$51.7m). Board Change • Aug 10
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman of the Board George Lloyd was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman of the Board George Lloyd was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman of the Board George Lloyd was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jul 08
Astron Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 7 million. Astron Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 7 million.
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 6,481,481
Price\Range: AUD 0.54
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 6,481,481
Price\Range: AUD 0.54
Transaction Features: Subsequent Direct Listing Board Change • Jun 07
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman of the Board George Lloyd was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman of the Board George Lloyd was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 25
First half 2023 earnings released: AU$0.041 loss per share (vs AU$0.041 loss in 1H 2022) First half 2023 results: AU$0.041 loss per share (in line with 1H 2022). Revenue: AU$6.77m (down 35% from 1H 2022). Net loss: AU$5.06m (loss widened 1.3% from 1H 2022). Revenue is forecast to grow 50% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to remain flat. Board Change • Feb 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman of the Board George Lloyd was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 17
Astron Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 2.6094 million. Astron Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 2.6094 million.
Security Name: Chess Depository Interest
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 4,427,223
Price\Range: AUD 0.54
Security Name: Chess Depository Interest
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 405,000
Price\Range: AUD 0.54
Transaction Features: Subsequent Direct Listing