NAIF cash for Thunderbird

SHEFFIELD Resources has received a $95 million fillip from the federal government’s Northern Australia Infrastructure Facility, which will be used to build LNG power generation and storage facilities at the Thunderbird mineral sands mine in Western Australia’s far north.

NAIF cash for Thunderbird NAIF cash for Thunderbird NAIF cash for Thunderbird NAIF cash for Thunderbird NAIF cash for Thunderbird

Sheffield managing director Bruce McFadzean checks out the Derby wharf.

The NAIF will provide the $95 million by way of a long-term debt facility, which will bind the WA government as lender.