Slide 1: Calix Investor Presentation – October 2023 (ASX Announcement)
ASX Announcement 11 October 2023 Calix Investor Presentation – October 2023 Sydney, Australia | 11 October 2023 – Australian environmental technology company, Calix Limited (ASX: CXL) (“Calix” or “the Company”) is pleased to provide a copy of its presentation to Bell Potter Securities Limited. The f
Slide 2: About Calix
About Calix Calix is a team of dedicated people who are urgently developing great businesses, leveraging our patented technology, that deliver positive global impact. The core technology is being used to develop more environmentally-friendly solutions for water treatment, CO2 mitigation, biotechnolo
Slide 3: A platform technology to decarbonise heavy industry
For personal use only A platform technology to decarbonise heavy industry October 2023 1
Slide 4: Important Disclaimer
Important Disclaimer This presentation has been prepared by Calix Limited (ABN 36 117 372 540) (“Company”). INVESTMENT RISK An investment in Calix securities is subject to investment and other known and unknown risks, some of which are beyond the control SUMMARY INFORMATION of Calix, including possi
Slide 5: Executive Summary: FY24 Q1 update
Executive Summary FY24 Q1 update • Strong financial position: For personal use only – Balance sheet strength and flexible capital strategy to pursue commercialisation opportunities – Revenue and margin growth supporting investment in people • Focused on delivering key decarbonisation projects: – Cem
Slide 6: Calix's core platform technology
Calix’s core platform technology A new way to “heat stuff up” For personal use only Pre-ground CO2 captured minerals when processing carbonate materials CO2 CAPTURE Unavoidable process CO2 emissions from cement and lime production are separated for use or storage. Calciner tube Externally heated usi
Slide 7: Policies driving decarbonisation
Policies driving decarbonisation Carbon penalties, value & support in Europe, US, & now Australia… EUROPE US AUSTRALIA For personal use only Emissions Trading Scheme Inflation Reduction Act Safeguard Mechanism • €80 – 2022 average EU ETS price, up • US$85 / tonne of CO2 permanently stored • A price
Slide 8: Sustainable lithium demonstration plant
Sustainable lithium demonstration plant Financial Investment Decision approved • Calix and Pilbara Minerals (ASX: PLS) have approved the FID on a For personal use only mid-stream lithium-phosphate demonstration plant being developed in a joint venture • The Demonstration Plant will use Calix’s elect
Slide 9: Scaling up the Leilac technology
– Scaling up the Leilac technology A modular design for delivery through a blueprint model For personal use only Leilac-1 Leilac-2 Leilac-3 Pilot plant Demonstration plant Full scale Lixhe, Belgium 2019 Hannover, Germany The future CO2 capacity: 25 ktpa CO2 capacity: 100 ktpa CO2 capacity: 500+ ktpa
Slide 10: A growing pipeline of projects
– a growing pipeline of projects Project Detailed Pre-FEED / FID + Initial scoping FEED Operational Total discussions scoping / MOU BOD construction For personal use only Aug 2021 21 7 4 1 1 34 Aug 2022 25 13 9 5 1 1 54 Aug 2023 34 25 8 4 2 1 1 76 Leilac-2 Leilac-1 • Pipeline growth: as at August 20
Slide 11: Direct Air Capture
Direct Air Capture Non-binding MOU for DAC global licence agreement with Heirloom • Heirloom is a Direct Air Capture (DAC) company with an For personal use only objective of capturing 1 billion tonnes of CO2 by 2035. • Heirloom part of Project Cypress, one of 2 projects selected for the US Departmen
Slide 12: Zero Emissions Steel TechnologY
Zero Emissions Steel TechnologY Potential lowest cost green iron & steel Development – Phase 1 & 2 completed: ✓ Theoretical kinetic studies For personal use only About ZESTY ✓ Conversion of electric calciner to run hydrogen • Hydrogen reduction of iron ✓ Confirmation of electric calciner + hydrogen
Slide 13: Global commercialisation strategy
Global commercialisation strategy Strategy in action: For personal use only • Licensing, joint ventures and spin-out strategies are • Sept 2021: Carbon Direct Capital Management designed to commercialise each application of the core invests in Leilac platform technology – €15m for a 6.98% stake, val
Slide 14: Valuing the opportunity
Valuing the opportunity Selected benchmarks – October 2023 Green iron & steel – similar Technology Readiness Level For personal use only • H2 Green Steel – Multi-billion dollar valuation following US$1.5b impact investment in Sept. 2023 • Boston Metals – Impact investment of US$262m in green steel t
Slide 15: In summary
In summary For personal use only CEMENT & LIME IRON & STEEL LITHIUM One core platform technology ..targeting decarbonisation of …already working with some of the already at demonstration scale… multiple global industries… world’s largest industrial players… 13
Slide 16: For personal use only
For personal use only Phil Hodgson Darren Charles Managing Director & CEO CFO & Company Secretary phodgson@calix.global dcharles@calix.global +61 2 8199 7400 +61 2 8199 7400 Investor relations Media enquiries Investorrelations@calix.global media@calix.global Follow us on Twitter @Calixlimited www.ca
Slide 17: FY24 KPI dashboard
FY24 KPI dashboard KPI Dashboard for FY24 For personal use only ⬤ Successfully completed ⬤ On track ⬤ Watch point Sustainable Advanced CO2 Capture Magnesia Processing Batteries ● Leilac-2 all permitting and Spodumene ● First battery module in Water GATEWAY 1 civil works complete ● Spodumene Project
Slide 18: Glossary
Glossary Term Meaning Aluminium (Al) Chemical element with the symbol Al For personal use only Anode The negative electrode of a battery Antimicrobial Antimicrobial products kill or slow the spread of microorganisms, including bacteria, viruses and fungi. AMR Antimicrobial resistance – the developme
Slide 19: Glossary
Glossary Term Meaning EAP Employee Assistance Program For personal use only EBITDA Earnings Before Interest, Tax, Depreciation and Amortisation Electrode The material that stores the lithium ions in a charged (anode) or discharged (cathode) state in a lithium-ion battery Electrolyte The medium that
Slide 20: Glossary
Glossary Term Meaning LHM Lithium Hydroxide Monohydrate – used in the production of cathode active materials for lithium-ion batteries For personal use only Lithium (Li) Chemical element with the symbol Li Lithium-phosphate / Lithium Salt / “Mid- A form of lithium that is high in lithium content, to
Slide 21: Glossary
Glossary Term Meaning Potassium (K) Chemical element with the symbol K Process emissions are inherent to the chemical reaction and are released directly and unavoidably from the chemical processing of raw For personal use only Process emissions material. They are distinct from energy related emissio