Sheffield secures additional zircon offtake

ASX-listed Sheffield Resources has inked additional binding offtake agreements for zircon concentrate at its Thunderbird mineral sands project, in Western Australia.

The company on Monday told shareholders that an agreement with China’s Hainan Wensheng High-Tech Materials Company would see the supply of 25 000 t/y of zircon concentrate, in addition to the offtake agreement struck in 2017, for the supply of 27 000 t/y of zircon concentrate.