(via NewsDirect)
Hasler highlights the growth in 33% increase in production and a 34% rise in sales that were the headline figures in PYX's recently-released H1 operational update. He says that the growth reported was in line with the company's strategy of pushing towards a five-year goal of producing 48,000 tonnes of premium zircon.
He also addresses the recent granting of export licenses by Indonesian authorities for rutile and ilmenite, a potentially lucrative sideline for the business. With over 8,000 tonnes stockpiled, these exports promise substantial profit margins, boosting the company's financial standing.
Hasler also highlighted the company's dedication to sustainability, recognised by Indonesian authorities for COVID-19 prevention and zero workplace accidents in 2022.
Contact Details
+44 20 7989 0813
uk@proactiveinvestors.com
Copyright (c) 2023 TheNewswire - All rights reserved.
Copyright (c) 2023 TheNewswire - All rights reserved., source