RCS - PYX Resources Ltd. - Partnership with Indonesian Red Cross Society

PYX ResourcesAnnouncement

25/05/2023 10:45

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RNS Number : 6648A  PYX Resources Limited  25 May 2023

PYX Resources Limited / EPIC: PYX / Market: Standard / Sector: Mining

25 May 2023

Pyx Resources Limited

("PYX" or "the Company")

 

Partnership with Indonesian Red Cross Society

 

'Give Blood & Save Lives' Campaign

 

PYX Resources Ltd (NSX: PYX | LSE: PYX), the world's second largest publicly
listed zircon producer by zircon resources, is pleased to announce that its
sustainability subsidiary, PYX Cares, has for the third year partnered with
the Indonesian Red Cross Society in its annual Indonesian National Blood Donor
Day.

 

An impressive 63% of local employees (54 people) from PYX's Indonesian
subsidiary company, PT Investasi Mandiri, participated in the blood donor
event, which took place at the Company's factory in Tumbang Empas village.
The annual global blood drive aims to raise awareness of the importance of
regular and voluntary blood donation. Indonesia currently depends on family
and friends' blood donations to subsidise the shortfall of blood supplies;
with a population of c. 200 million, one in three Indonesians are estimated to
need blood in their lifetime.

 

Commenting on the scheme, Oliver Hasler, Chairman and CEO of PYX Resources,
said:

 

"According to the International Federation of Red Cross and Red Crescent
Societies (IFRC), one blood donation can save as many as three lives. With
this background, we were delighted to support the Indonesian National Blood
Donor Day for the third successive year and would like to thank the local
community for their enthusiasm and support too.

 

"As the only company in the district to have an involvement in the blood bank
drive, we are hopeful that its continued success will encourage other
companies and local businesses to engage in this critical and lifesaving
sustainability initiative."

 

PYX Cares

PYX believes that business can be a catalyst for change. Inspired by the
Sustainable Development Goals (SDGs) set out by the United Nations Development
Programme, PYX has introduced PYX Cares as a blueprint for making a difference
and achieving sustainable growth. A holistic sustainability programme, PYX
Cares is designed to ensure it delivers sustainable value to all its
stakeholders, from empowering local communities and protecting the
environment, to promoting diversity and making sure employees and the people
of Kalimantan fully participate in PYX's long-term success.

 

A Mandiri employee at the National Blood Donor Day event 'Give Blood, Save
Life.'

 

*** ENDS ***

 

For more information:

 

 PYX Resources Limited                             T: +61 2 8823 3132

                                                   E: ir@pyxresources.com (mailto:ir@pyxresources.com)
 WH Ireland Limited (Broker)                       T: +44 (0)20 7220 1666

 Harry Ansell / Katy Mitchell / Darshan Patel

 St Brides Partners Ltd (Financial PR)             E: pyx@stbridespartners.co.uk (mailto:pyx@stbridespartners.co.uk)

 Ana Ribeiro / Isabel de Salis / Isabelle Morris

 

This announcement is authorised for release by Oliver B. Hasler, Chairman and
Chief Executive Officer.

 

About PYX Resources

PYX Resources Limited (NSX: PYX | LSE: PYX) is a producer of premium zircon
dual listed on the National Stock Exchange of Australia and on the Main Market
of the London Stock Exchange. PYX's key deposits, Mandiri and Tisma, are
large-scale, near-surface open pit deposits both located in the alluvium-rich
region of Central Kalimantan, Indonesia. PYX, whose Mandiri deposit has been
in production since 2015, is the 2nd largest publicly traded producing mineral
sands company by zircon resources globally. Determined to mine responsibly and
invest in the wider communities where we operate, PYX is committed to fully
developing its Mandiri and Tisma deposits, with the vision to consolidate the
mineral sands resources in Kalimantan and explore and acquire mineral sands
assets in Asia and beyond.

 

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