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Sheffield Resources Limited ( (AU:SFX) ) has shared an announcement.
Sheffield Resources Limited announced the resumption of operations at the Thunderbird Mineral Sands Mine in Western Australia after a temporary suspension due to Cyclone Zelia. The company’s production forecasts for ilmenite and zircon concentrates for the March 2025 quarter remain unchanged. This operational update underscores Sheffield’s resilience and commitment to maintaining its production targets, ensuring stability in its market position and continued supply to its customers.
More about Sheffield Resources Limited
Sheffield Resources Limited is a company focused on developing and producing mineral sands assets globally to generate cash returns and growth. The company’s core asset is its 50% investment in Kimberley Mineral Sands Pty Ltd, which operates the world-class Thunderbird Mineral Sands Mine in north-west Western Australia. Additionally, Sheffield has options to acquire interests in mineral sands projects in Brazil and Sri Lanka, further diversifying its portfolio.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $42.51M
For a thorough assessment of SFX stock, go to TipRanks’ Stock Analysis page.
