Oliver Hasler, Executive Chairman of PYX Resources (NSX: PYX | LSE: PYX), the mineral sands mining company, discusses recent developments at the company and reflects on the global markets for monazite-rich zircon concentrate.
IN this presentation, investors will learn:
- Where the Company operates and the advantages of having key deposits at Mandiri and Tisma
How the company is among the top three largest zircon producers based on resource size
- What the recent achievements, including milestone shipments of monazite-rich zircon concentrate and connecting the Mandiri mineral separation plant to the local electric grid mean for operations
- Why there is strong global demand for zircon, driven by its use in ceramics, heavy industry, and high-tech applications
- What has happened to Zircon prices over the past 12 months, significantly benefiting the company’s revenue growth
- How the Financial Performance of the Company has shown consistent growth in production and sales, with a healthy balance sheet with cash reserves and no debt
- What the Strategic Plans are for the business including plans to increase production capacity and reduce costs by transitioning to in-house mining operations
- Why the focus on further developing the Tisma deposit can boost overall production
- Why the company remains committed to sustainability and local community development, which has earned the company a gold environmental, social, and governance (ESG) excellence award.
Find out more and stay up to date with developments at PYX by adding them to your watchlists here.
