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Sheffield Resources Updates on Thunderbird Mine Operations

Sheffield Resources Updates on Thunderbird Mine Operations

Sheffield Resources Limited (AU:SFX) has released an update.

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Sheffield Resources Limited reports consistent production and shipments from its Thunderbird Mineral Sands Mine, with ilmenite and zircon outputs meeting targets. The company has initiated a Business Improvement Initiative to reduce costs and boost productivity, which includes workforce reductions and operational control changes. Despite market challenges, interest from new customers for zircon supplies suggests a promising outlook.

For further insights into AU:SFX stock, check out TipRanks’ Stock Analysis page.

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