Update
on Australian Government funding

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.