ASAC is an exploration stage company focused on the discovery and production of titanium dioxide resources and potential iron ore by-products. The future of the company looks bright as more and more states allow Internet gambling following the ruling of the U.S. Supreme Court in favor of sports betting.
Based in Pittsburgh, PA, the Company is actively seeking to locate mining opportunities in North America. American Steel is publicly traded, and can be found on the NASDAQ OTC BB under the ticker symbol AAST.
ASAC is actively seeking to locate mining opportunities in North America.
Iron Ore Market As the source of primary iron for the world’s iron industry and the global production of steel, iron ore is essential to the maintenance of a strong industrial base.
Steel Market Global steel demand is expected to rise by 63% in 2011, which would represent a new historical high of 1,306 million tonnes.
Titanium Market Though titanium is commonly associated with ‘titanium’ metal, about 95% of all titanium mined is used to manufacture titanium dioxide, the industry leading pigment.t
Industry Players Titanium dioxide represents a 510 billion pigment industry2 with annual global production in excess of 4 million metric tons 3 Among the industry leaders are the companies profiled here.