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Akora Resources Limited
0.08
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2.44%

Overview

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Description

Akora Resources Limited is a mineral exploration and development company focused primarily on iron ore projects located in Madagascar. The company’s core activities involve the exploration, evaluation, and advancement of iron ore assets, most notably its flagship Bekisopa project, which is recognized for its potential high-grade mineralization. In addition to Bekisopa, Akora Resources holds significant tenements across other prospective areas such as Satrokala, Tratramarina, and Ambodilafa, collectively covering over 300 square kilometers of mineral rights in Madagascar. Established in 2009 and headquartered in Ballarat, Australia, Akora Resources Limited operates within the broader materials sector, specifically targeting the steel and industrial metals market segments. The company maintains 100% equity in two Malagasy entities that hold its exploration licenses, reinforcing its position in the region’s resource development landscape. Through its focus on iron ore exploration, Akora Resources plays a role in supplying a key raw material critical for global steel production, positioning itself within the supply chain for infrastructure and industrial growth in emerging and established markets.

About

CEO
Mr. Peter John Bird AFin, BSc(Hons), MAICD, MAusIMM
Employees
0
Address
12 Anderson Street West
Ballarat, 3350, VIC
Australia
Phone
61 3 9381 0859
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Country
Australia
MIC code
XASX
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