RE: Trolls24 Feb 2026 16:03
Operational and Regulatory Context
During the first half, PYX's local subsidiaries, PT Investasi Mandiri and Tisma, received formal notification from the Provincial Department of Energy and Mineral Resources that their RKAB[2] (Work Plan and Budget) licenses for production operations have been suspended. This action applies to all zircon producers in Central Kalimantan. Fourteen (14) companies were notified. As a result, PYX's export licenses for zircon, ilmenite, and rutile have also been suspended.
RNA's carry like the politicians ASKED and ANSWERED clause, unless a material CHANGE to the released information, they have no obligation
to update, especially to pay for a no news/change update........GLA
On that one mentions 14 companies in our related sector, local press reports at least 190 companies, across sectors/commodities are in limbo
pending the new system, which has now been adopted and implemented, with the first companies given the green light to resume, we like all
the rest, just have to wait for the call and our turn.......GLALTH
Every day , a day closer....... π