Calix Partners with Global Aluminium Major to Develop Zero Emissions Technology

Tip Ranks
2025.09.03 01:48
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Calix Ltd. has signed a Memorandum of Understanding with a major aluminium company to develop its Zero Emissions Alumina (ZEAL) technology. This partnership includes a pilot-scale testing program and a pre-Front-End Engineering Design study, projected to generate over AU$1.0M in revenue. The collaboration aims to reduce emissions and costs in alumina production, marking a significant step for Calix in the alumina market. Analysts rate Calix stock (AU:CXL) as a Buy with a price target of A$1.90.

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Calix Ltd. ( (AU:CXL) ) has provided an announcement.

Calix Limited has signed a Memorandum of Understanding with a leading aluminium company to jointly develop its electric calcination technology for Zero Emissions Alumina (ZEAL). This agreement includes a pilot-scale material testing program and a pre-Front-End Engineering Design study, expected to generate over AU$1.0M in revenue. The collaboration aims to demonstrate the feasibility of Calix’s ZEAL technology, which could significantly reduce emissions and costs in alumina production. This partnership marks a milestone for Calix, as it expands its commercial traction in the alumina market, further validating its strategy of partnering with global industry leaders to create self-funded projects with immediate revenue potential.

The most recent analyst rating on (AU:CXL) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.

More about Calix Ltd.

Calix Limited is an Australian environmental technology company that focuses on developing innovative solutions for reducing emissions in industrial processes. The company specializes in electric calcination technology, aiming to replace fossil fuels in alumina refining, which is a significant contributor to global CO2 emissions.

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