PERTH (miningweekly.com) – Mineral sands developer Sheffield Resources has started the hunt for a development partner for its Thunderbird project, in Western Australia.
The company on Monday announced the appointment of global investment bank UBS AG, which will assist Sheffield in considering third party strategic partners to develop the Thunderbird project.
The Thunderbird project is fully permitted and construction ready, with offtake agreements already in place.
The Stage 1 development is expected to cost some A$463-million to develop, and over its 42-year mine life, Thunderbird is expected to deliver 76 100 t/y of premium zircon, 68 500 t/y of zircon concentrate, 387 800 t/y of ilmenite and 229 800 t/y of titano-magnetite.