Company
PYX Resources Ltd
LON:PYX
PYX Resources Ltd is a producer of premium zircon. The company's key deposits, Mandiri and Tisma, are large-scale, near-surface open pit deposits both located in the alluvium-rich region of Central Kalimantan, Indonesia. PYX, whose Mandiri deposit has been in production since 2015, is the 3rd largest publicly traded producing mineral sands company by zircon resources globally. The company is committed to fully developing its Mandiri and Tisma deposits, with the vision to consolidate the mineral sands resources in Kalimantan and explore and acquire mineral sands assets in Asia and beyond.
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PYX Resources has six times upside, according to house broker
PYX has a simple business model to produce premium zircon (and minor rutile and ilmenite) at high margins
PYX Resources posts big increase in zircon production for third quarter of 2022
The markets for PYX's products have been strong over the past year
PYX Resources publishes its first full Sustainability Report
Oliver B Hasler, the company's chairman and chief executive officer, said: "We remain committed to making the UN Global Compact and its principles part of the company's overall strategy, culture and day-to-day operations of our company, and
PYX Resources may see significant upside as it embarks on expansion - analyst
Chief executive Oliver Hasler described it as a "major milestone" for the zircon producer.
PYX Resources secures £20mln funding commitment
Chief executive Oliver Hasler described it as a "major milestone" for the zircon producer
PYX Resources delivers ‘excellent’ performance, says broker Cedrus Investments
“Mineral sands was among the few niches in the natural resources industry that were immune from the commodity price correction," the broker's analysts noted
PYX Resources increases mineral sands production 163%
During last month's metals price crash, mineral sand prices remained unaffected, pointed out CEO Oliver Hasler
PYX Resources starts production and sales of ilmenite from its Mandiri deposit
PYX is the second-largest zircon producer in the world
PYX on course to hit production target, says broker
At the Madiri site, the dual-listed listed company has a high-margin operation
PYX says 63% of Indonesian employees donate blood
About one in three people need a blood infusion in their lifetime in Indonesia
PYX Resources lifts premium zircon price by 34% amid strong global demand
The ongoing supply shortage is expected for the foreseeable future as is strong demand, particularly from China, said the world's second-largest publicly listed zircon producer
PYX Resources revenues jump as zircon price takes off
PYX delivered four premium zircon price rises during 2021
PYX Resources shares rise on funding from US investor
Potentially US$13.5mln could be invested into the zircon producer
PYX Resources could become the mineral sands consolidator of choice on Kalimantan
Zircon prices have steadily improved over the past 12 months
PYX Resources says performing strongly in buoyant zircon market
“The mineral sands industry is currently experiencing a strong upcycle," chief executive Oliver Hasler said.