Strandline Resources (ASX:STA) has reported progress towards steady mineral sands production at its Coburn project in Western Australia, after exporting 35,000t of Heavy Mineral Concentrate (HMC) since November 2022.
Stranldline Resources says the latest shipment of 10,120t of HMC took the company's sales revenue above $36M.
It also says prices of the valuable minerals in HMC have remained significantly higher compared to predictions in the June 2020 Coburn Definitive Feasibility Study.
Strandline Resources's share price closed up 13% today.