News for Sheffield Resources Limited (SFX.AX)

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The Australian sharemarket is expected to retreat at open today with ASX…

Aussie markets have somehow pulled of a miracle gain despite two horror sessions this week.

Good morning, and Happy Friday! Here’s everything you need to know, and some things you don't, before the ASX opens today.

Local markets have spent Thursday fleeing from Wednesday's

While the market closed in the red on a down day for the ASX, it wasn't as bad as futures had predicted after the bourse pared intraday losses. All eyes will be on the US tonight.

The ASX 200 dropped hard this morning, and is struggling to make headway after shock inflation figures spooked investors yesterday.

The ASX200 is having another shocker day, tracking worse than predicted, down -1.1%. This follows yesterday’s brutal ABS inflation read that saw rate cut expectations move out as late as October 2025.

Sheffield Resources (ASX:SFX) has ramped up production and shipments from its Thunderbird Mineral Sands Mine in Western Australia. In June 2024, approximately 825,000 tonnes of ore were mined, with a quarterly expectation of 2.2 million tonnes, surpassing the 2022 Bankable Feasibility Study forecast by 20%.

After briefly touching a new record yesterday, the ASX200 is expected to trade fairly flat today, perhaps sliding a few points, mirroring the drop on Wall Street overnight.

The ASX200 closed down half a per cent today, with every sector ending the day in the red.

Futures expect the ASX will open lower to start the new trading week, as investors await the US Federal Reserve's interest rates decision due this week.

Several brokers believe Sierra Rutile to be significantly undervalued - here's why rutile plays such a big role in their belief.

Dementia is the new heart disease - these ASX stocks are in the fight, cleaning up on ex-div CBA, and is the gig economy growing again?

A total of 10 out of 11 sectors were higher, led by Information Technology which rallied by 2.39% while Materials (Mining) lost 1.22%.

The sand patch is Western Australia, but in the case of Strandline Resources (ASX: STA) and Sheffield Resources (ASX: SFX) the sand is a mix of high value zircon and titanium-rich ilmenite and rutile.

Sheffield Resources' Thunderbird project has brought mineral sands into the limelight, but its certainly not the only company in play.

Nissan is planning a all-solid-state battery pilot plant by 2024, and Impact Minerals finds first lithium at WA project.