Slide 1: ASX Announcement: Calix – CO2 market opportunity – presentation
ASX Announcement August 4, 2020 For personal use only Calix – CO 2 market opportunity – presentation Sydney, Australia | August 4, 2020 – Calix Limited (ASX: CXL ‘Calix’ or ‘the Company’) is pleased to provide a copy of the presentation – CO 2 market opportunity - that it will present at the NWR Sma
Slide 2: About Calix
About Calix Calix is a team of dedicated people developing a unique, patented technology to provide industrial solutions For personal use only that address global sustainability challenges. The core technology is being used to develop more environmentally friendly solutions for advanced batteries, c
Slide 3: NWR Small Cap Conference Presentation
NWR Small Cap Conference Presentation August 2020 For personal use only Solving global challenges 1
Slide 4: Important Disclaimer
Important Disclaimer For personal use only This presentation has been prepared by Calix Limited (ABN 36 117 372 540) (“Company”). including possible delays in repayment and loss of income and principal invested. Calix does not guarantee any particular rate of return or the performance of Calix, nor
Slide 5: Calix Limited Business Overview
Calix Limited Business Overview For personal use only Cash-positive and virtually no debt, with growing revenues, secure supply chain, quickly scalable and funded development pipeline. Growing Sales Revenues Control of Supply Chain Quickly scalable for generated from water from mine, to minimal (org
Slide 6: Listed on the ASX in July, 2018
Listed on the ASX in July, 2018 ASX:CXL For personal use only Share Price Performance Since Listing As at 30 June 2020 Shares on issue ~147.4m Share price for IPO Capital Raise $0.53 per share Share price on IPO $0.62 per share Share price $0.765 per share Market capitalisation ~$112.8m Cash (compan
Slide 7: Calix's existing target markets – with global appeal
Calix’s existing target markets – with global appeal Calix’s Existing & Target Markets – with Global Appeal For personal use only IN-MARKET PRE-COMMERCIAL R&D WATER AND AQUACULTURE & FRESH AGRICULTURE CO2 MITIGATION ADVANCED WASTE WATER WATER REMEDIATION CROP PROTECTION LIME & CEMENT BATTERIES Direc
Slide 8: The CO2 Problem
The CO2 Problem LIMESTONE IS THE SECOND MOST UTILISED SUBSTANCE ON EARTH For personal use only Cement and lime contribute between 5% and 8% of global anthropogenic CO2 emissions - about 2.2 BT per annum* Around 2/3 of those emissions are unavoidable – coming from the raw material (limestone) ~1/3 of
Slide 9: The CO2 Solution
The CO2 Solution CALIX’S CORE TECHNOLOGY For personal use only A New Type of Kiln CO2 Capture When processing limestone, cement meal, or magnesite, gas exhaust is pure CO2 27 patent families covering core technology and applications “LEILAC” (Low Emissions Intensity Lime and Cement) >$60m has been i
Slide 10: Cement – the Size of the Opportunity
Cement – the Size of the Opportunity CO2 MITIGATION FOR CEMENT For personal use only If… …LEILAC was proven the “best available technology” by 2025… …and it was possible to fit the LEILAC technology to a 1 million tonne cement plant every 3 to 4 days… …this would still not meet the global CO2 captur
Slide 11: Technology – fully funded to develop to demonstration scale
Technology – fully funded to develop to demonstration scale CO2 MITIGATION FOR LIME AND CEMENT For personal use only “CFC-15000” “LEILAC-1” Funded Target 2023 - Germany “LEILAC-2” Built Demonstration 100kTpa CO2 from cement (~20% of 1MTpa Cement plant) Fully Integrated for cement Capital: $27m (from
Slide 12: Calix's Technology is Attracting Global Players
Calix’s Technology is Attracting Global Players CO2 MITIGATION FOR LIME AND CEMENT For personal use only CALIX’S PARTNERS IN LEILAC-1 AND LEILAC-2… 10
Slide 13: Competitive Landscape
Competitive Landscape CO2 MITIGATION FOR LIME AND CEMENT *TRL = NASA “Technology Readiness Level”, a scale from 1 (conceptual) to 9 For personal use only (commercialised and deployed repeatedly). Figures are Calix estimates for cement application LEILAC represents one of the most advanced, and also
Slide 14: Market – up to 2030
Market – up to 2030 CO2 MITIGATION FOR LIME AND CEMENT Until 2030, we will target Europe and the US to “Beach-head” the technology For personal use only Europe Demonstration Projects for new CO2 mitigation technologies Cement Capacity 175 Mtpa for cement appear to be best pursued in Europe and the U
Slide 15: Market – up to 2030: Europe and US support for CO2 mitigation
Market – up to 2030 CO2 MITIGATION FOR LIME AND CEMENT For personal use only Europe and the US putting significant support behind new CO2 mitigation projects EUROPE US Innovation Fund Emissions Trading Scheme EOR CO2 Value 45Q Tax Credit System Energy, CCU/S, Energy Storage 2021 to 2030, 2.2% yoy re
Slide 16: Carbon Capture and Storage (CCS) versus Utilisation (CCU)?
Carbon Capture and Storage (CCS) versus Utilisation (CCU)? CCS AND CCU For personal use only Putting CO2 to Use - Creating Value from Emissions – IEA Technology Report September 2019 CO2 utilisation is not CO2 utilisation is a expected to deliver In IEA scenario analysis, complement, not an emission
Slide 17: Market – What to do with CO2?
Market – What to do with CO2 ? CO2 MITIGATION FOR LIME AND CEMENT For personal use only Europe US CO2 Sequestration (CCS) Hub Development Projects: Mainly Enhanced Oil Recovery (EOR) use, for which there is already extensive infrastructure: Northern Lights Acorn Teesside Hynet Port of Rotterdam Many
Slide 18: Market – from 2030
Market – from 2030 CO2 MITIGATION FOR LIME AND CEMENT From 2030, we will target the largest and fastest growing markets with the technology once “Blueprinted” For personal use only Europe Projects for established CO2 mitigation technologies for cement would target the largest and fastest growing Ver
Slide 19: The cement plant of the future …. run on renewable power
The cement plant of the future …. run on renewable power CO2 MITIGATION FOR LIME AND CEMENT – INDUSTRIAL ELECTRIFICATION For personal use only Calix’s LEILAC technology is energy-agnostic – “heat” can come from traditional fossil fuels, biomass, hydrogen or even electricity… …thus the LEILAC technol
Slide 20: Other Applications
Other Applications CO2 MITIGATION – OTHER CORE TECHNOLOGY OPPORTUNITIES For personal use only There are numerous opportunities for Calix’s technology into potentially very large CO2 markets Application CO2 Mitigation Development Pathway Target Commercialisation Key Commercialisation Triggers Potenti
Slide 21: The Opportunity – Significant technical development done
The Opportunity – Significant technical development done IN SUMMARY…OUR CO2 BUSINESS For personal use only Calix is approaching deployment into huge markets… Over $60m Cement: Other Applications: Capital-light business At scale, theoretically already invested, TAM > 2BTpa CO2 TAM > 1BTpa CO2 model t
Slide 22: Board of Directors
Board of Directors For personal use only Phil Peter Jack Hodgson Lance Dr Mark Turnbull, AO Hamilton Managing O’Neill Sceats Non-Executive Non-Executive Director & Chief Non-Executive Director And Chair Director Executive Officer Director Chief Scientist • Experienced chairman and non- • 30 years mu
Slide 23: Because there's only one Earth…
Because there’s only one Earth… For personal use only Phil Hodgson Managing Director & CEO phodgson@calix.global +61 2 8199 7400 …Mars is for quitters Darren Charles CFO & Company Secretary Follow us on Twitter dcharles@calix.global @Calixlimited +61 2 8199 7400 Simon Hinsley Subscribe to Calix News