RCS - PYX Resources Ltd. - ‘PYX CARES’ Initiative Supports Local School

PYX ResourcesAnnouncement

12/10/2022 08:30

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RNS Number : 4926C  PYX Resources Limited  12 October 2022

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

 

12 October 2022

 

'PYX CARES' Initiative Supports Local School in Kalimantan

 

 

PYX Resources Limited (NSX: PYX | LSE: PYX), a leading international premium
zircon producer, is pleased to announce that it has made a donation of key
school supplies to SDN Tumbang Lampahung, a local elementary school in
Kalimantan, as part of its  'PYX Cares' initiative.

 

The initiative, which used the Sustainable Development Goals (SDGs) set out in
the United Nation's Development Programme as inspiration, is the Company's
blueprint for making a positive impact at the locations where it operates and
is critical to achieving sustainable growth.   At PYX, it is understood that
long-term goals can only be achieved if strong, mutually beneficial
relationships are forged with local people, and if operations are carried out
responsibly.

 

SDN Tumbang Lampahung elementary school has 110 students which range from
seven to 13 years of age, operates six classes in a total of three classrooms,
due to limited funds and access to necessities, the school runs each class
alternately between students.

 

Alongside PYX Resources' donation of essentials, the Company is also
strategizing to help build more facilities in the school, to allow each class
to have a designated classroom.

 

Chairman and CEO of PYX Resources, Oliver Hasler with staff and children of
SDN Tumbang Lampahung

All students at SDN Tumbang Lampahung Elementary School

 

Chairman and Chief Executive Officer of the company, Oliver Hasler, said:

"At PYX Resources, we believe no child should be prevented from accessing
education and achieving their dreams.   It brings the PYX team immense joy
to be able to contribute to communities, especially when it's a local school
not far from our mining operation. We hope that with the help of our donation,
those children will be able to experience the benefits of education, without
the worry of accessing basic classroom necessities. PYX is a small company,
but I feel we are punching above our weight in terms of our values and
policies. We remain committed to working alongside our community and
stakeholders for the benefit of all and we look forward to exploring other
ways in which we can support SDN Tumbang Lampahung school in the future."

 

 

*** ENDS ***

 

For more information:

 

ir@pyxresources.com

Tel.: +61 2 8823 3132

 

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 major global 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 zircon producing
mining company globally by zircon resources. Determined to mine responsibly
and invest in the wider communities where we operate, PYX Resources is
committed to fully develop 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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