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Sheffield Resources Limited (ASX:SFX)

ALERT: Price-sensitive ASX Announcement for SFX
Current share price for SFX : $0.044 -0.101 (-69.66%)+
Announcement
Release
6 Oct 2025 10:16AM
Price at Release
$0.145
Full Release
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Summary
Sheffield Resources Limited has reported record quarterly mine and production volumes for the September 2025 quarter at the Thunderbird Mineral Sands Mine, located in Western Australia. A total of 3.0 million tonnes of ore was mined, resulting in a record production of 249,000 tonnes of concentrate. This includes 203,000 tonnes of ilmenite and 46,000 tonnes of zircon concentrate. The company also achieved total concentrate shipments of 217,000 tonnes. These accomplishments are attributed to a business improvement plan implemented by Kimberley Mineral Sands, a joint venture between Sheffield and Yansteel. Sheffield's other interests include options to invest in the South Atlantic Mineral Sands Project in Brazil and a stake in Capital Metals Plc, which owns a mineral sands project in Sri Lanka. The Thunderbird project, now in production, is expected to provide high-quality mineral sands products for a longstanding supply to various markets.
Key Points
  • Record production and shipment volumes at Thunderbird Mineral Sands Mine.
  • 3.0 million tonnes of ore mined with significant increases in ilmenite and zircon production.
  • Successful implementation of a business improvement plan.
  • Kimberley Mineral Sands is a joint venture between Sheffield and Yansteel.
  • Sheffield has investment options in mineral sands projects in Brazil and a stake in a project in Sri Lanka.
  • Thunderbird project provides high-quality products, ensuring long-term supply.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.