Sheffield Resources forms joint venture with Yansteel on Thunderbird Mineral Sands Project
Client(s) Sheffield Resources Limited
Jones Day advised Sheffield Resources Limited (Sheffield) (ASX: SFX) on the formation of a joint venture with Yansteel on the Thunderbird Mineral Sands Project. Yansteel will invest AU$130.1 million to acquire a 50% interest in the joint venture. The Thunderbird Mineral Sands Project is located in north-west Western Australia.