As an investor in the mining industry, I am excited to share the latest positive update on Sheffield Resources Limited's Thunderbird Mineral Sands Project (Thunderbird).
The company's construction activities have reached an impressive 90% completion, which is well within the original planned budget of $484m. It is also impressive to note that major equipment installations, such as spirals, WHIMS, piping, and electrical, are progressing well. In addition, operational readiness is well advanced, with key leadership personnel being recruited across all operational disciplines.
Furthermore, the fact that over 750,000 project labor hours have been completed LTI-free is a testament to the company's commitment to safety. The first delivery of mineral sands products to customers is still on track for Q1 2024, which is a positive sign of the project's potential success.
In conclusion, Sheffield Resources Limited's Thunderbird Mineral Sands Project is shaping up to be a promising investment. With construction on track to be completed soon, the company's commitment to safety, and the expected successful delivery of mineral sands products to customers, I am optimistic about the future of the project and the potential returns it can bring to investors.
GLTAH
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