Overview
Description
Akora Resources Ltd. is a company primarily engaged in the exploration and development of iron ore resources. Operating in Madagascar, the company focuses on the potential extraction and commercialization of iron ore deposits, contributing to the global supply of this critical industrial material. Iron ore is a key input in steel manufacturing, which is essential for construction, automotive, and various other industries. Akora Resources Ltd. identifies, evaluates, and aims to develop strategic iron ore projects to meet the rising demand predominantly driven by the industrial growth in emerging markets. With the iron and steel market being a crucial component of infrastructure development worldwide, Akora Resources Ltd. plays a vital role by potentially providing raw materials necessary for building and maintaining infrastructures such as bridges, roads, and buildings. Through its exploration initiatives, the company seeks to enhance its contribution to the industry's supply chain, thereby impacting economic growth and development in regions it operates.
About
CEO
Mr. Paul Gerard Bibby
Employees
0
Address
12 Anderson Street West
Ballarat, 3350, VIC
Australia
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