Sandfire Resources
About Sandfire Resources
Overview
Sandfire Resources is an Australian copper mining company with operations in Australia and developing projects in Botswana, Spain, and the United States. The company grew from explorer to producer through the development of the DeGrussa copper-gold mine and has transformed into a diversified international copper producer. Sandfire is committed to responsible mining and creating value through copper production.
Operations
Sandfire's primary operations include the DeGrussa copper-gold mine in Western Australia and the Motheo copper mine in Botswana which commenced production in 2023. The company also acquired the Matsa copper complex in Spain (operating three underground mines and a processing plant) and holds the Black Butte copper project in Montana. Sandfire is positioned to produce approximately 80,000-90,000 tonnes of copper annually.
Strategy
The company's strategy focuses on building a globally diversified copper business through organic development and strategic acquisitions, operating existing mines safely and efficiently, advancing high-quality development projects, maintaining strong ESG credentials and community relationships, and delivering superior returns to shareholders. Sandfire emphasizes copper as a critical metal for the energy transition and electrification.
Key Projects
Key projects include ramping up Motheo copper operations in Botswana and advancing the Motheo Expansion Project (T3 deposit), developing the Black Butte copper project in Montana (subject to permits), optimizing and expanding operations at the Matsa complex in Spain, and exploring across the company's extensive land positions. Sandfire is evaluating additional copper acquisition opportunities globally.
Primary Commodities
Financial Metrics
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Quick Facts
- Ticker Symbol
- SFR.AX
- Market Cap
- Mid Cap
- Category
- Copper
- Commodities
- Copper, Gold, Silver
- Headquarters
- Perth, Australia
- Founded
- 2004
- Employees
- ~1,800
Operating Countries
Producing Assets
- •DeGrussa (Australia)
- •Motheo (Botswana)
- •Matsa Complex (Spain)
Development Assets
- •Motheo Expansion - T3 (Botswana)
- •Black Butte (USA)
This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.