Sheffield Resources Limited advised that Kimberley Mineral Sands Pty Ltd. (KMS) has executed a binding 5-year agreement, with the ability for the parties to extend for a further 5 years (Agreement) with Woodside Energy (LNG Fuels & Power) Pty Ltd, a subsidiary of Woodside Energy Group Ltd. (Woodside) and EDLLNG Fuel to Power Pty Ltd. (EDL) for the supply and delivery of approximately 650 terajoules per annum of liquefied natural gas (LNG) to the Thunderbird Mineral Sands Project (Thunderbird) in northern Western Australia. LNG will be supplied by the WEJV from Woodside's Pluto LNG Truck Loading Facility near Karratha in Western Australia and transported to the KMS LNG storage facility by WEJV. WEJV will own and operate a purpose-built road tanker fleet to safely and reliably deliver the LNG to Thunderbird.

The Agreement enables flexible, long-term gas supply to KMS for power generation. The Agreement is subject to a number of customary conditions precedent, including KMS making a final investment decision toward the development of Thunderbird, following the completion of project financing of Thunderbird.