FIRB greenlight for Sheffield sale

ONE of Australia’s largest mineral sands projects is finally a little closer to development after Australia’s Foreign Investment Review Board raised no objection to China’s Yansteel buying 50% of the proposed development in Western Australia’s Canning Basin.

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Sheffield hopes to take FID on Thunderbird in early 2021

The FIRB approval was described by Sheffield managing director Bruce McFadzean as a critical milestone that paved the way for Thunderbird to move towards production after several near misses.

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