PYX Resources CEO thanks stakeholders for a ‘successful’ 2023
–News Direct–
PYX Resources Ltd (LSE:PYX, NSX:PYX) chief executive Oliver Hasler speaks to Proactive's Thomas Warner about how the world's third-largest publicly traded zircon producer has been performing during 2023.
Hasler highlights the achievement of a 10-year license renewal from the Ministry of Energy and Mining for the Tisma IUP-OP licence in Kalimantan. He says the renewal not only promises increased zircon production but also demonstrates strong government relations. In a regulatory breakthrough, the export of rutile and ilmenite was eased in August, allowing PYX to export these minerals without additional processing.
The company has stockpiled about 9,000 tonnes of these minerals, poised to enhance sales and cash flow. Hasler announced preparations for the first...