Pyx Resources Limited (GB:PYX) has released an update.
Pyx Resources Limited has made its first shipment of 350 tonnes of high-grade rutile to China, marking a key milestone in expanding its product offerings. With a new export license, PYX is poised to meet the increasing demand for rutile, a mineral essential in industries such as construction and electronics. This move aligns with the company’s strategy to leverage its substantial mineral sands resources in Indonesia.
For further insights into GB:PYX stock, check out TipRanks’ Stock Analysis page.