17th October 2022

'PYX CARES' Donates to

The Borneo Orangutan Survival Foundation

PYX Resources Limited (NSX: PYX | LSE: PYX), a leading international premium zircon producer, has made a first-in-kind donation to The Borneo Orangutan Survival Foundation (BOS), a non-profit organisation which works to conserve orangutans and their habitats in Kalimantan, Indonesia.

The donation is part of the 'PYX Cares' programme and will support a total of 30 orangutans being cared for by the Borneo Orangutans Survival Foundation (BOS).  The foundation regularly cooperates with the Indonesian Government in the maintenance and preservation of the environment.

The funds will translate into buying essentials such as diapers, milk bottles, blankets, sleeping baskets, and rattan baskets, all of which are important conservation elements.

To date, the BOS Foundation has released 450 orangutans from their rehabilitation centres to three reintroduction sites in Central and East Kalimantan. The foundation is currently caring for an excess of 400 orangutans in two rehabilitation centres.

             Orangutans at Borneo Orangutans Survival Foundation rehabilitation centre

Inspiration for "PYX Cares" came from the Sustainable Development Goals (SDGs) set out in the United Nations Development Programme. The initiative is the Company's blueprint for making a positive impact at the locations where 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.

For information on how to donate to the BOS foundation, please visit: https://www.orangutan.or.id/donate

Chairman and Chief Executive Officer of the company, Oliver Hasler, said: "We have a responsibility to the local community to preserve the land, whether that is through supporting conservation funds, reforestation, or donations to schools, it matters that we have a net positive impact on the region, over and above the mitigation of immediate effects of our operations. We are a long-term investor in the social, environmental, and economic prosperity of our region and it is a role that is central to our activities."

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For more information:

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

About PYX Resources

PYX Resources Limited (NSX: PYX, LSE: PYX) is a major global 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 zircon producing mining company globally by zircon resources. 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.

About The Borneo Orangutan Survival Foundation (BOS)

The BOS, is an Indonesian non-profit non-governmental organization founded by Dr. Willie Smits in 1991 and dedicated to the conservation of the endangered Bornean orangutan (Pongo pygmaeus) and its habitat through the involvement of local people. It is audited by an external auditor company and operates under the formal agreement with the Indonesian Ministry of Forestry to conserve and rehabilitate orangutans. The BOS Foundation manages orangutan rescue, rehabilitation and re-introduction programmes in East and Central Kalimantan. With more than 400 orangutans (per July 2021) in its care and employing more than 440 people.   BOS Foundation is the biggest non-human primate conservation non-governmental organization worldwide. Nyaru Menteng and Samboja Lestari are the BOS Foundation sites that have received most extensive media coverage. Nyaru Menteng, founded by Lone Drøscher Nielsen, has been the subject of a number of TV series, including Orangutan Diary, Orangutan Island and the series Orangutan Jungle School, airing since 2018.