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Calix Limited (ASX:CXL)

ALERT: Price-sensitive ASX Announcement for CXL
Current share price for CXL : $0.365 -0.2 (-35.40%)+
Announcement
Release
23 Mar 2026 9:27AM
Price at Release
$0.565
Full Release
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Summary
Calix Limited has announced a toll production agreement with Green360 Technologies to produce calcined clay for low-carbon cement. Utilizing its facilities at the Calix Technology Centre in Victoria, Calix will process up to 30,000 tonnes of clay annually over an initial two-year period, with potential revenues projected in the millions annually. The deal allows Green360 an extension option and requires no capital expenditure from Calix, as Green360 will finance site upgrades. This partnership aims to reduce cement carbon emissions by replacing traditional materials with Green360’s Eco-clay, and follows successful product trials demonstrating industry compatibility.
Key Points
  • Calix Limited has signed a toll production agreement with Green360 Technologies to produce calcined clay for low-carbon cement.
  • The agreement allows Calix to process up to 30,000 tonnes of clay annually using existing facilities at the Calix Technology Centre in Bacchus Marsh, Victoria.
  • The initial term of the agreement is two years, with an option for Green360 to extend it for another two years.
  • Expected revenues from the contract could reach several million Australian dollars per year.
  • Calix anticipates revenues from this agreement starting in FY26 and continuing into FY27 and FY28.
  • Green360 will cover all costs for necessary site upgrades, allowing Calix to operate without additional capital expenditure.
  • The collaboration aims to leverage Calix’s existing production capabilities to support its Magnesia business and drive operational synergies.
  • Calcined clay is positioned as a scalable solution to reduce the carbon footprint and energy costs of cement production.
  • Green360's Eco-clay, produced under this agreement, aims to partially replace traditional Portland cement, improving concrete strength and reducing emissions.
  • The agreement follows successful trials of Eco-clay, demonstrating compliance with existing industry supply chains.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.