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PYX CEO Oliver Hasler remains 'bullish' given increased production capacity and new products

PYX CEO Oliver Hasler remains 'bullish' given increased production capacity and new products

PYX Resources chief executive Oliver Hasler joins Proactive to discuss a strong performance in the first half of the year due to a boost in mineral sands production, sales volume growth, and ongoing price increases.

The company's year-on-year premium zircon production has increased by 23%, with the company increasing its finished goods inventories to 5.8kt as a result of the start of rutile and ilmenite production and limited freight availability at the end of June 2022.

Hasler is enthusiastic too as the Australian government classes zircon, rutile, and ilmenite, as crucial minerals vital for the economic well-being of the world's major and emerging economies, as the country heads toward a carbon-zero economy.

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