Australia's Sheffield Resources rises on Thunderbird project update

Sheffield Resources

18/09/2023 04:43

** Shares of Sheffield Resources  SFX.AX  rise as much as
7.78% to A$0.485, their highest since Aug 31  
    ** The mineral sands explorer said first ore production in
Thunderbird, co's Western Australian plant, is on track for Q4
2023 
    ** First delivery of mineral sands products to customers
remains on target for Q1 2024 - SFX 
    ** Stock posts its biggest intraday percentage gain since
Aug 28  
    ** About 169,496 shares change hands, 1.2x 30-day average 
    ** Sheffield stock down 21% this year, as of last close

    

 (Reporting by Manvi Pant in Bengaluru)
 ((manvi.pant@thomsonreuters.com))