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

30 March 2022

PYX CARES Teams Up with The Indonesia Red Cross Society to

'Give Blood and Save Lives'

63% of local employees registered to give blood on

National Blood Donor Day

PYX Resources Ltd (NSX: PYX | LSE: PYX), the second-largest publicly-listed zircon producing mining company globally by zircon resources, is pleased to announce that 63% of its local employees at its Indonesian subsidiary company, PT Investasi Mandiri, took part in the Indonesian National Blood Donor Day.

Organised in collaboration with The Indonesia Red Cross Society, the event which took place on 16 March 2022, aims to raise awareness of the importance of regular and voluntary blood donation.  Indonesia currently depends on families and friends' blood donations to subsidise the shortfall of blood supplies. The country has a population of c. 200 million with one in three Indonesians estimated to need blood in their lifetime.

This is the second consecutive year that PYX has taken part in National Blood Donor Day, using the banner 'Give Blood, Save Life'.   The event took place at PYX's factory in Tumbang Empas village with 57 employees registering to give blood, a 14% increase on last year.

Commenting on the scheme Oliver Hasler, Chairman and CEO of PYX Resources said:

"I am very proud of our team for organising and participating in this worthwhile cause. Giving blood really does save life, and we're delighted that, once again, we've had a chance to play our part in raising awareness and encouraging people to give blood."

 PYX Cares is a holistic sustainability programme inspired by the Sustainable Development Goals (SDGS) set by the United Nations Development Program. Part of its commitment is to empower local communities and encourage participation in events like this, which make a real difference to the lives of people in Kalimantan.

PYX remains the only company in the district to have an involvement in the blood bank drive. We hope that the continued success of this initiative encourages other companies and local businesses to support this worthwhile cause.

As a follow-up after the completion of the blood donation programme, the company distributed questionnaires to all participants seeking their feedback. This information will be evaluated and used to help build a sustainable plan for future blood donation events.

PYX Cares is the company's blueprint for making a positive impact in the communities in which 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.

** ENDS ***

This announcement is authorised for release by Oliver B. Hasler, Chairman and Chief Executive Officer.

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About PYX Resources

PYX Resources Limited (NSX: PYX | LSE: PYX) is a 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 publicly traded producing mineral sands company by zircon resources globally. 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.