PYX Resources

We are very pleased to provide operational results - including a 31% increase in #zircon production and a 24% bump in zircon sales - for the Full Year 2023 ended 31 December 2023 More details: https://lnkd.in/e7cKsXaZ

PYX is pleased to announce that it has received the modified licence to export rutile from the Ministry of Trade of Indonesia (Kementrian Perdagangan Republik Indonesia).  Full RNS: https://lnkd.in/esCXUyNw

Receipt of the updated export license by PYX Resources means export of premium rutile can commence imminently. Shares ⬆️ 5% in early trading. Oliver B Hasler Zeus Katy Mitchell Darshan Patel St Brides Partners LtdAna Ribeiro Isabel de Salis #PYX #Zircon #MineralSands #Mining

🏗️ Zirconium: The Backbone of Critical Industries Zirconium, extracted from minerals like zircon, is known for its corrosion resistance and high melting point, making it indispensable in industries such as aerospace and chemical processing. ✈️⚙️ At PYX Resources, we are proud to support the industries that rely on zirconium’s unmatched properties to create advanced materials and technologies that withstand the harshest conditions. Follow us to discover more about the versatility of zirconium. #Zirconium #Aerospace #ChemicalProcessing #AdvancedMaterials #IndustrialInnovation #Sustainability

PYX is pleased to announce that it has received the modified licence to export rutile from the Ministry of Trade of Indonesia (Kementrian Perdagangan Republik Indonesia).  Full RNS: https://lnkd.in/esCXUyNw

🏗️ Zirconium: The Backbone of Critical Industries Zirconium, extracted from minerals like zircon, is known for its corrosion resistance and high melting point, making it indispensable in industries such as aerospace and chemical processing. ✈️⚙️ At PYX Resources, we are proud to support the industries that rely on zirconium’s unmatched properties to create advanced materials and technologies that withstand the harshest conditions. Follow us to discover more about the versatility of zirconium. #Zirconium #Aerospace #ChemicalProcessing #AdvancedMaterials #IndustrialInnovation #Sustainability

Oliver B Hasler, executive chairman of PYX Resources , presents 1H24 Results. Watch here ▶ https://lnkd.in/e4svGjek Oliver Hasler, executive chairman of PYX Resources Ltd (NSX:PYX, LSE:PYX), the world's third largest publicly listed zircon producer by zircon resources, discusses the results for the six months ended June 30th 2024 Financial highlights include: - 84% increase in total mineral sands sold to 9.5kt - 28% reduction in cash cost of production to US$6.4m - Underlying EBITDA up 457% to US$732k - Maiden positive reported EBITDA since listing - Robust balance sheet with US$7.5m cash and no debt In this interview, investors will also learn: - How several operational improvements were achieved during the period, including the switch to electricity, which reduced operating costs by c.80% - How much the unusually heavy rain and the collapse of an access bridge to the mine impacted operations during the period - Why the company’s Kalimantan sands are highly sought after - Why Oliver remains positive about the medium to long term pricing of zircon - Why PYX believes positive EBITDA will now increase year on year - Why the Balance strengthened during the period - How the company intends to increase production in the second half - Why PYX is looking in Kalimantan for other strategic deposits across Indonesia Reasons to add PYX Resources to your watchlist: - PYX Resources is the 3rd largest publicly listed premium zircon producer - Key assets at Mandiri and Tisma, are large-scale, near-surface open pit deposits - Indonesia operates a stable and favourable regulatory environment - Demand for Zircon is set to outstrip supply with Titanium dioxide a valuable byproduct - PYX is one of the few companies that can export titanium and ilmenite ore directly from Indonesia - PYX has a strong sustainability programme with Zircon/titanium dioxide now classed by many national Governments as a critical mineral for Carbon Zero targets - Maiden positive EBITDA for 1H24 and a strong balance sheet with net Cash of US$7.6m - Actively looking for opportunities to acquire additional mineral sands projects in Indonesia, while also focusing on increasing current production capacity Oliver Hasler, Chairman & CEO of PYX Resources, was interviewed by Sarah Lowther for focusIR. #PYX #Zircon #Indonesia

#PYX is pleased to announce its results for the six months ended 30 June 2024. 📺#PYX Chairman and CEO Oliver B Hasler sat down with Sarah Lowther and focusIR to discuss the results: https://lnkd.in/etSFH54K

🔋 Zirconium Alloys: Enhancing the Longevity of Nuclear Power Generation In the nuclear industry, zirconium alloys play a crucial role in ensuring the durability of reactor components. Their impressive longevity reduces the frequency of maintenance and replacements, resulting in fewer operational disruptions. This not only boosts the overall efficiency but also enhances the sustainability of nuclear power generation. ⚡ At PYX Resources, we are committed to highlighting the transformative applications of #zirconium in driving the future of energy. Learn more www.pyxresources.com #NuclearEnergy #Zircon #Sustainability #EnergyEfficiency #Innovation

🌍 Zircon: A Key Catalyst in Chemical Processing. At PYX Resources, we are proud to showcase how zircon is transforming the chemical industry. Compounds derived from zircon are widely used as catalysts for critical chemical reactions and emissions control. 💡 With its unmatched stability and resilience, zircon can endure extreme reaction conditions without degrading, making it an ideal choice for industrial applications. As the world continues to push for more efficient and eco-friendly processes, zircon’s role is only growing in importance. Learn more about the innovative uses of zircon in chemical processing on our website. #ChemicalProcessing #Zircon #Catalysts #Sustainability #EmissionsControl #IndustrialInnovation