Brief: Sheffield Resources Says Thunderbird Mineral Sands Project Construction On Track

Sheffield Resources

13/02/2023 22:59

Feb 14 (Reuters) - Sheffield Resources Ltd  SFX.AX :
    * THUNDERBIRD MINERAL SANDS PROJECT CONSTRUCTION ON TRACK
AND OVER
75% COMPLETE
    * MANAGEMENT REVIEW OF FORECAST COST TO COMPLETE CONFIRMS
PROJECT
DELIVERY EXPECTED WITHIN A$484M OF AVAILABLE FUNDING
    * FIRST DELIVERY OF MINERAL SANDS PRODUCTS TO CUSTOMERS
REMAINS ON
TARGET FOR Q1 2024
    * ESTIMATES TOTAL DIRECT EXPENDITURES THROUGH TO
COMMENCEMENT OF
OPERATIONS TO BE A$407M AT THUNDERBIRD PROJECT

Source text for Eikon:  ID:nASX3x4y70 
Further company coverage:  SFX.AX 
 ((Reuters.Briefs@thomsonreuters.com;))