Sandfire Resources (FRA:S2Z) Construction In Progress : €0.0 Mil (As of Dec. 2023)

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What is Sandfire Resources Construction In Progress?

Sandfire Resources's quarterly construction in progress increased from Dec. 2022 (€0.0 Mil) to Jun. 2023 (€305.2 Mil) but then declined from Jun. 2023 (€305.2 Mil) to Dec. 2023 (€0.0 Mil).

Sandfire Resources's annual construction in progress increased from Jun. 2021 (€4.7 Mil) to Jun. 2022 (€231.1 Mil) and increased from Jun. 2022 (€231.1 Mil) to Jun. 2023 (€305.2 Mil).

Sandfire Resources Construction In Progress Historical Data

The historical data trend for Sandfire Resources's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sandfire Resources Construction In Progress Chart

Sandfire Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Construction In Progress

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2.85

0.60

4.73

231.10

305.25

Sandfire Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															-	231.10	-	305.25	-

Sandfire Resources Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Sandfire Resources (FRA:S2Z) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sandfire Resources Ltd (FRA:S2Z) » Definitions » Construction In Progress

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SFRRF:USA SFR:Australia

Address

10 Kings Park Road, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.sandfire.com.au

Sandfire is a copper-focused mineral exploration and development company. The company's operating segment includes Degrussa operation, MATSA Operations, Black Butte Project, Motheo Operations, Exploration, and Other. The company generates the majority of its revenue from MATSA operation, which consists of the Minas De Aguas Teñidas (MATSA) polymetallic mining complex in Spain, comprising three underground mines and a 4.7Mtpa central processing facility. The mines generate revenue from the sale and delivery of copper, zinc and lead concentrates to customers in Spain. Geographically the company generates the majority of its revenue from Spain.

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