MINERAL SANDS
ASX-listed Sheffield Resources has signed a maiden binding offtake agreement with the largest mineral sands processor in China, Hainan Wensheng High-Tech Materials Company, for the future sale of zircon concentrate from its Thunderbird mineral sands project, in Western Australia. The agreement is based on a minimum supply of 27 000 t/y of zircon concentrate, or around 54% of the estimated total volume of zircon concentrate to be produced from Stage 1 of Thunderbird.
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