Sheffield Resources Limited Posts Record June Ore Output Despite 41,000-Tonne Shipment Delay from Port Disruption at Thunderbird Mine

Tuesday, July 1, 2025
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Sheffield Resources Limited reports temporary loading delays at Port of Broome following a crane failure, deferring about 41,000 tonnes of concentrate shipments. Despite the setback, the June quarter showed record ore mining and steady concentrate production, with operations expected to resume soon.

Sheffield Resources Limited has reported an update on operations at its Kimberley Mineral Sands joint venture, specifically regarding activities at the Thunderbird Mineral Sands Mine in Western Australia. The update detailed that a crane failure at the Port of Broome on 29 June 2025 temporarily halted loading operations by the Kimberley Port Authority, resulting in a deferral of approximately 41,000 tonnes of concentrate shipments that were originally scheduled for the end of the June quarter. The company indicated that its team is closely monitoring the situation and expects port operations to resume once the necessary repairs are completed. During the June 2025 quarter, the Thunderbird mine achieved impressive mining volumes with about 2.8 million tonnes mined overall, including a record 1 million tonnes mined during the month of June alone. Despite this strong production performance, the temporary port disruption impacted overall sales, as concentrate shipments totaled roughly 201,000 tonnes. This comprised approximately 162,000 tonnes of ilmenite concentrate and 38,000 tonnes of zircon concentrate, reflecting consistent production metrics even under challenging operational conditions. Looking forward, Sheffield Resources Limited remains focused on its long-term strategy in the global mineral sands sector, which includes not only its 50% stake in Kimberley Mineral Sands Pty Ltd but also strategic options in projects in Brazil and Sri Lanka. The company highlighted the high-grade nature of the Thunderbird deposit, which produces minerals that are in demand for smelting and pigment manufacturing, features that underscore its potential to deliver secure, long-term supply to customers. Forward-looking statements stress that while market conditions and technical factors can shift rapidly, the company is positioned to capitalize on its diverse portfolio. The news carries mixed sentiment for beginner traders. On the bullish side, the record production levels and strong ore mining figures underscore operational resilience and the long-term potential of the Thunderbird mine. The strategic partnerships and additional project options further provide a foundation for growth and diversified revenue streams. Conversely, the temporary interruption at the Port of Broome raises short-term concerns, as deferred shipments have impacted quarterly performance and could potentially affect near-term revenue if similar issues arise. Overall, while the interruption presents a cautionary note, the underlying operational strengths and strategic initiatives point toward a promising outlook, provided that port issues are resolved promptly.

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