Unlike conventional iron ore miners who compete on commodity volume and grade, Athena’s strategic vision is to transform high-grade iron into high-value products that solve increasing challenges across multiple industries, from sustainable steel production to advanced battery technology, industrial processing and medical applications.
These are aspirational statements and are not intended to be forecasts, as the Company does not yet have reasonable grounds to expect that those matters will be achieved
key facts
ASX Code: AHN
Flagship Asset: Byro Magnetite Project, Western Australia
Strategic Location: 405km from Port of Geraldton, 100km from Sinosteel’s Jack Hills Project
Resource Development: FE1 deposit (29.3Mt @ 24.7% Fe with 33.4% DTR) and Byro South resource (47Mt @ 29% Fe with 32% DTR) 1FE1 “refer ASX announcement dated 29 March 2023 –Byro FE1 Mineral Resource Estimate Full Entech Report”
Byro South MRE – “refer ASX announcement dated 27 November 2025 – Maiden Byro South Mineral Resources Estimate”
Scoping Study – “refer ASX announcement dated 20 May 2024 – Scoping Study Byro FE1 Magnetite Project”
Major Shareholders: Fenix Resources: 37.21%
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INVESTMENT PROPOSITION
WHY ATHENA RESOURCES?

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