Pyx Resources Limited (GB:PYX) has released an update.
PYX Resources Limited, a significant player in the global zircon market and the world’s third largest by resources, has successfully completed its first shipment of 750 tonnes of monazite rich zircon concentrate to China. This export highlights the increasing demand for monazite, which contains essential Rare Earth Elements used in advanced technologies such as renewable energy and electronics. The company’s CEO, Oliver Hasler, expresses optimism about this strategic move and anticipates continued interest from international markets.
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