Strandline Resources: Completes first shipment of HMC from Coburn project, WA

Strandline Resources Completes first shipment of HMC from Coburn project, WA

• Strandline Resources (STA) completes its first shipment of heavy mineral concentrate (HMC) from its wholly-owned Coburn mineral sands project in Western Australia
• The shipment held roughly 6500 metric tonnes of HMC product, containing valuable minerals of zircon sand, titanium ores and rare earth monazite
• The shipment has a value of around $6.5 million, with sales proceeds expected to be received later this week
• The company says production and haulage of HMC product to the port storage facilities is continuing, with preparations underway for a second shipment in January 2023
• StrandlineResources shares are up 2.5 per cent to 41 cents at 11:40 am AEDT