Calix Limited AGM 2022

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Calix Limited AGM 2022

Update on Australian Government funding for carbon capture, use and storage projects

Following the Australian Government’s Budget announced on 25 October 2022, AusIndustry advised Calix that the $11m in grant funding, announced by the former Government in May 2022, has now been cancelled. The grant funding was in support of Calix’s project with Adbri to develop low emissions lime.

Similarly, Boral has advised Calix that the $30m in grant funding, announced by the former Government in May 2022 has also been cancelled. The grant funding was in support of a CCUS project utilising Calix’s cement and lime decarbonisation technology.

Australian cement and lime decarbonisation projects

Adbri has advised Calix that they remain committed to the Pre-Front-End Engineering and Design (FEED) study underway for their decarbonisation project with Calix and its subsidiary, Leilac. Utilising Calix’s Leilac technology, the project aims to: develop the world’s first commercial scale process for low emissions lime; deliver low cost abatement of unavoidable CO2 process emissions; and assess alternative energy sources, including renewable electricity and hydrogen. Calix looks forward to continuing to progress its project with Adbri.

Separately, Calix is engaging with Boral to consider the implications of the cancelled funding for its proposed project in the Southern Highlands of New South Wales.

Future funding for carbon capture technologies

The Australian Government has announced that it will be implementing a new Carbon Capture Technologies program, through which it will provide $141.1m over ten years as part of a realignment of investment in carbon capture technologies. Expected to open in 2023, the Government has stated: Program investments and related policy development will prioritise technology development for hard-to-abate industrial sectors (such as cement manufacturing).

Calix is awaiting further details of the Australian Government’s new grant program, while also pursuing state and regional programs to assist with these projects.

Investor Presentation October 2022

Calix appoints Dr Louise Keyte as Chief Technology Officer and General Manager, Sustainable Processing

A leader in innovation

Dr Keyte is a senior executive with a background in research and development, strategy and innovation. She has a strong track record of managing diverse stakeholders, delivering complex projects to drive commercial outcomes, and has demonstrated the ability to successfully develop and grow new business from concept to commercialisation and profitability. With more than 20 years’ experience in heavy industry and building materials, Dr Keyte has previously held roles in innovation development, research and development, and product development. Most recently, she was the General Manager, Innovation, at Australia’s largest integrated construction materials company, Boral.

As the Calix Chief Technology officer, Dr Keyte will drive the efficient innovation, commercialisation and deployment of all applications of the Calix technology. As General Manager, Sustainable Processing, Dr Keyte will lead the development and execution of the strategy for one of Calix’s key industrial decarbonisation business lines, leveraging the Calix technology platform for applications in mineral and chemical processing. Additionally, Dr Keyte will join the Calix Executive Team, making a valuable contribution to the achievement of Calix’s safety, health, environment, governance and sustainability goals.

Industrial decarbonisation

Calix is applying its unique technology platform to enable the urgent and economical decarbonisation of essential industries through a combination of joint ventures, licensing and spin-out strategies.

The electrification of industrial processes is a key step in decarbonising some of the most essential and hard-to-abate sectors of the economy. Calix’s indirect heating approach to calcination is compatible with renewable sources of energy and alternative fuels, making it ideally suited to help mineral and chemical processing enter the electric age. By separating the heat source from the chemical reaction, Calix’s sustainable processing technology can also enable the efficient use of green hydrogen in place of conventional, carbon intensive reducing agents.

Calix’s innovative refining solutions are being developed to enhance recovery of ore and create near zero-waste products, while the prospect of renewably powered at-mine processing offers the potential to deliver a significant reduction in the total CO2 footprint of minerals.

 

“I am very pleased to be joining Calix and its purpose-driven team to help the company achieve its potential as a leading global innovator of industrial solutions for the environment, addressing some of our most pressing global challenges. I strongly believe that Calix’s technology platform offers unique capabilities to decarbonise our essential industries and help to create the sustainable materials of the future.” – Dr Louise Keyte 

334KW of solar panels installed at our Bacchus Marsh facility

News Issue September 2022

Welcome to Issue Number 42 of the Calix Newsletter.

“As the financial year draws to a close, it is timely to reflect upon Calix’s considerable achievements over the last 12 months.

In September 2021, we announced the conclusion of our first “spin-out”, where 7% of the LEILAC Group (focussing on decarbonisation of cement and lime) was sold to US impact investor Carbon Direct for €15m. Calix will also continue to earn 30% of the royalty income into the LEILAC Group as a license fee, regardless of our ownership %. The deal is the first manifestation of our over-arching strategy to develop the next application of the technology and seek purpose-funding to commercialise, whilst retaining maximum head company value. We have been steadily building the LEILAC Group team as well as the project pipeline, and in May this year we were very pleased to announce two Australian-based projects with Boral and Adbri, with a combined $41m in federal Government support. An article on these two projects is in this newsletter.

In May 2022, we were also very pleased to announce $20m in Federal Government support for a project we are putting together with Pilbara Minerals (ASX:PLS). This project, to produce locally-manufactured lithium salts for batteries, is featured in this newsletter also. Our ambition is to produce low-carbon lithium here in Australia, and avoid the shipment of 94% waste material, as per the current situation in Australia, where spodumene (an ore containing about 6% lithium) is mined and shipped off-shore for processing. There is increasing focus on carbon emissions in the battery supply chain, and our project with Pilbara Minerals is anticipating increased demand for lower emissions products. There is also increasing alignment and interest in Australia in producing more here, rather than “digging it up and shipping it off-shore”. We look forward to working with Pilbara Minerals on this exciting project.

On a similar theme, our advanced battery materials team made great progress during FY22, with the on-going development and then pilot-scale production of 350 kg of lithium manganese oxide cathode material, for assembly into pouch cells in a commercial production line in the UK by battery maker AMTE. This step is critical to proving we can produce quantities of material consistently in order to proceed to the next stage of scale-up, which is targeting 150Tpa electrode manufacturing capability as part of the Recycling and Energy Storage Commercialisation Hub (REACH) Trailblazer program lead by Deakin University. This newsletter features our advanced battery materials team and this recent significant progress.

Our biotech business also made great progress in FY22, achieving registration of our BOOSTER-Mag crop protection product here in Australia, great results from our marine coatings trials, and also a boost to progress our anti-“superbug” application with the recent announcement of the “CRC SAAFE” program, a $34.5m research and development partnership, of which Calix is a tier 1 partner. The CRC SAAFE program is looking at controlling superbugs, whose evolution is rapidly out-pacing current antibiotics, posing significant human and animal risk. We are proud to be working with the likes of the University of Queensland’s  Centre for Superbug Solutions on this exciting and critical initiative.

The Calix team is core to achieving these significant outcomes and central to our success going  forward, and we feature several new members of our team in this newsletter, as well as several members who have been with us a while. The Calix team thanks you for your interest and support in our continued efforts to develop great businesses that solve significant global challenges.”

Phil Hodgson, CEO

FY22 Results – Calix Continues Acceleration of Environmental Technologies

FY22 Investor Presentation August 2022

“Engineering for the Future” feat James O’Loghlin & Matthew Gill & Claire de Jacobi

Welcome to the new Episode of INNOVATING FOR THE EARTH

with innovation expert and radio and TV presenter James O’Loghlin

In this new Episode of INNOVATING FOR THE EARTH, innovation expert and radio and TV presenter James O’Loghlin meets with Matthiew Gill, Engineer Team Leader at Calix and Claire de Jacobi du Vallon, Process Engineer at Calix. Altogether they discuss how is the engineering daily routine at Calix and highlight their achievements so far.

The unsung heroes of this world, in James’ opinion, are engineers. Sure, people talk about Einstein and Marco Polo and Shakespeare and Steve Jobs and Winston Churchill and Nelson Mandela and Rihanna. And yes, good on them. Amazing stuff. But the fact is that none of these high achievers would have been able to do much at all without engineers. Every time you drive on a road or a bridge or through a tunnel or get on a bus or a train over a tall building, or open your laptop or tap on your phone you’re only able to do it because of engineers.

Maybe someone else had the idea to build the road or the laptop, although engineers have plenty of ideas. But engineers turn those ideas into things that actually work and that we can use without them. We wouldn’t be able to go anywhere or do anything.

Introducing Youssef Aaraj

Youssef Aaraj is a Process Engineer with experience in energy processes development and integration. Youssef has a PhD from the “Ecole des Mines” in Paris in Energy Processes Optimisation.

He joined Calix in 2019. Previously to Calix, Youssef worked on the development of a process for the purification and treatment of biogas.

Currently Youssef is working on the development of the combustion system and the material selection for LEILAC-2, in addition to participating in scoping studies concerning the installation of the LEILAC technology at different cement plants around the world.

“Working on the LEILAC technology is an opportunity to work with a motivated team that dares to innovate. We can be proud that our work in Calix positively impacts us and the rest of the world.”

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