Sandfire Resources

Sandfire Resources is a copper producer headquartered in Perth, Western Australia, and listed on the Australian Securities Exchange under the code SFR. It describes itself as having a strategic position in two highly prospective copper belts and as a global copper producer of significance. Its principal operating assets are the MATSA Copper Operations in Spain and the Motheo Copper Operations in Botswana. Mining ceased at its DeGrussa operations in Western Australia in October 2022, and DeGrussa is now in care and maintenance.

Sandfire Resources is headquartered in Perth, Western Australia, and is listed on the Australian Securities Exchange under the code SFR. It states that, with a strategic position in two highly prospective copper belts, it has grown to be a global copper producer of significance. Its principal operating assets are the MATSA Copper Operations in Spain and the Motheo Copper Operations in Botswana. MATSA is located in the Huelva Province of southwestern Spain, in the northern portion of the Iberian Pyrite Belt, and is a polymetallic mining operation comprising a central processing facility that sources ore from three underground mines: Aguas Teñidas and Magdalena in Almoñaster la Real, and Sotiel in Calañas. MATSA's copper and zinc concentrates, which contain lead and silver by-products, are shipped from the port of Huelva to smelters around the world. Motheo opened in August 2023 and is centred on the T3 and A4 open pit mines; with a central processing facility, it produces a high-quality copper concentrate containing a silver by-product that is transported by road to Walvis Bay, Namibia, where it is shipped to smelters around the world. Mining ceased at Sandfire's DeGrussa operations, located 900km north-east of Perth in Western Australia, in October 2022; DeGrussa is now in care and maintenance with rehabilitation to be undertaken over the coming decades. A multi-faceted process to divest discrete assets is also progressing, and in February 2026 Sandfire and Havilah Resources executed definitive transaction agreements to advance the Kalkaroo Copper-Gold Project and establish an exploration strategic alliance.

A global copper producer of significance, mining copper sustainably to energise the future.

• Copper and zinc concentrates (with lead and silver by-products) from MATSA

• High-quality copper concentrate (with silver by-product) from Motheo

1. 1Sandfire - A global copper producer of significancesandfire.com.au
2. 2Company Directory - Sandfiresandfire.com.au
3. 3Corporate Governance - Sandfiresandfire.com.au
4. 4About Sandfire - Sandfiresandfire.com.au
5. 5Sandfire Resources Limitedwikidata.org