Thunderbird deal sealed

SHEFFIELD Resources and Yansteel have jumped out of the blocks less than a month after being cleared by the Foreign Investment Review Board and signed binding definitive documents to form a 50:50 joint venture on the Thunderbird mineral sands project in Western Australia’s far north.

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Sheffield signing

Thunderbird will be a major development in the jobs-starved Kimberley region as it promises about 400 construction jobs and 200 Kimberley-based operational jobs for 37 years.