PYX Resources Ltd. announces today that it has secured new business with Fujian Sanxiang Advanced Materials Co. Fused zirconia is a crucial raw material for the production of zirconium metal, which has important applications in nuclear power and aerospace. The production of fused zirconia requires premium zircon. Currently, the majority of zircon [...]
PYX Resources Ltd. announces today that it has increased the price of its premium zircon by US$75 per tonne effective immediately. The move has been prompted by a pick-up in demand for zircon across PYX's end markets, and a current lack of supply for the mineral. At present, demand for zircon is being driven by China, as its economy shows a [...]
PYX Resources Ltd. is pleased to announce that it has entered into a binding Offtake Agreement with India-incorporated Microtech Zircon. Microtech Zircon is a member of Delta Tiles, a group of companies which fall under the brand name Geo Gres. The Offtake Agreement is for a committed quantity of 3,600 tonnes of zircon over a two-year period. The [...]
PYX Resources Ltd. is a global mineral sands company and a leading producer of premium zircon listed on the Stock Exchange. PYX's flagship assets are the Mandiri and Tisma deposits which are located in the alluvium sediment rich region of Central Kalimantan. PYX has been in operation since 2015 at its Mandiri deposit Exploration has indicated the [...]
PYX Resources Ltd. is pleased to announce it has completed its acquisition of the entire share capital of Tisma Development Ltd. This acquisition boosts PYX's contained zircon resources by 75% whilst is a highly accretive deal for existing PYX shareholders. The acquisition gives PYX ownership of the Tisma tenement, a world-class mineral sands asset [...]
PYX Resources Ltd. is pleased to announce that it has entered into a Share Purchase Agreement with the shareholders of Tisma Development Ltd. to acquire 100% of its shares. The Transaction will increase the scale of the Company's activities through an excellent strategic addition to our resource base. The acquisition is a key milestone in the [...]
PYX Resources Ltd. is pleased to announce that it has entered into its second binding Offtake Agreement, this time with Taiwan-incorporated Euronics Inc. Euronics sells zircon, kaolin, palm oil, among other products, becoming a leading trading company into China, Japan and India. The Offtake Agreement is for a committed quantity of 4,000 tons of [...]
PYX Resources Ltd. is a global producer of premium zircon listed on the National Stock Exchange of Australia in February 2020. The company's flagship asset is the Mandiri project, located in the alluvium sediment rich region of Central Kalimantan. Boasting the world's 5th largest producing zircon project, PYX is a large scale, near surface open pit [...]
PYX Resources Ltd. is a global producer of premium zircon listed on the National Stock Exchange of Australia in February 2020. The company's flagship asset is the Mandiri project, located in the alluvium sediment rich region of Central Kalimantan, Indonesia. Boasting the world's 5th largest producing zircon project, PYX is a large scale, near [...]
PYX Resources Ltd. is pleased to provide the following operations update for the period from July 1, 2019 to June 30, 2020. The Company continues to record a steady production ramp-up, strong sales volume growth, increasing workforce productivity and an expanding customer base. In the 12-month-period ended June 30, 2020, PYX has increased its [...]
PYX Resources Ltd. is pleased to announce the Company has entered into a binding Offtake Agreement with leading global zircon trading group Qingyuan Jinsheng ZR&TI Resources Co. Ltd for 250 tons per month of premium quality zircon over a two-year period. Commenting on execution of the Offtake Agreement with Qingyuan Jinsheng ZR&TI Resources Co [...]
PYX Resources Ltd. is pleased to announce that it has received notification from the Central Kalimantan Provincial Government that after approval from the Energy and Mineral Resources Department of Central Kalimantan, the Company's application for the extension of the Production Operation Mining Activities IUP license has been granted for the [...]
