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Pyx Resources Limited (NSX:PYX) Operations Update H1 2021    Operations UpdateSydney, July 15, 2021 AEST (ABN Newswire) - PYX Resources Ltd ( NSX:PYX) has performed strongly in the first half of the year due to a boost in premium zircon production, sales volume growth, and ongoing price increases. During H1 2021, the Company raised its premium zircon selling price three times, resulting in a US$355 per tonne price increase during the first six months of the year. The price increases reflect the general lack of premium zircon supply globally due to continued supply issues in South Africa and low inventory levels in China, while reduced Australian sales of Heavy Mineral Concentrate (HMC) to China have created a further void of premium zircon in the market, leading to higher customer demand and, consequently, higher market prices. Indonesian zircon prices have now reached their highest price point since 2013.

Indonesia generalNew south walesJawa tengahSouth africaCity ofUnited kingdomOliver haslerResources ltdPyx resourcesNational stock exchange of australiaStandard segment of the london stock exchangeResources limitedHeavy mineral concentrateChief executive officerCentral kalimantanOfftake agreement