Sheffield Resources Limited ( (AU:SFX) ) has issued an announcement.
Sheffield Resources Limited announced record zircon sales for the March 2025 quarter, with 82,000 tonnes of zircon concentrate shipped, significantly reducing inventory levels. The strong sales, driven by increased customer interest and an expanded customer base, are expected to result in the first positive operating cash flow for the Thunderbird mine, marking a significant turnaround for the company’s operations.
More about Sheffield Resources Limited
Sheffield Resources Limited operates in the mineral sands industry, focusing primarily on the production and sale of zircon, ilmenite, and leucoxene concentrates. The company is engaged in the development and operation of the Thunderbird Mineral Sands Mine in Western Australia, with a market focus on expanding its customer base and maximizing shipments of its mineral products.
Technical Sentiment Signal: Strong Buy
Current Market Cap: $50.91M
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