Pyx Resources Limited (GB:PYX) has released an update.
PYX Resources Ltd has significantly reduced its operational costs and environmental impact by connecting its Mandiri Mineral Separation Plant to the local electric grid in Indonesia, which is expected to cut fuel costs by over 80% and bolster sustainability. This strategic move aligns with Indonesia’s Net-Zero ambitions and is part of the company’s broader goals to increase production, reduce operational costs, and enhance margins. The connection to the grid, backed by a 99% uptime guarantee from the State Electricity Company, exemplifies PYX’s commitment to improving productivity while focusing on cleaner operations.
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