PYX Resources Ltd - Sydney-based, Indonesia-focused zircon and mineral sands producer - Secures modified licence from the Investment and One-Integrated Services Department to export ilmenite. It can now begin exporting with immediate effect, and deliver on orders placed prior to the modification of the licence. PYX will be using the Banjarmasin port for loading, and the Jakarta port to export.

Chief Executive Officer Oliver Hasler says: ‘It has been a good start to 2024 and we are absolutely delighted with the quick turnaround in which we received our revised export licence. We remain well positioned to deliver on the orders placed throughout 2023 and are hopeful that we can update shareholder on the commencement of shipping imminently.’

Current stock price: 14.50 pence, up 6.8% in London on Tuesday

12-month change: down 16%

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