Calix Ltd. · ASX:CXL
Calix — Investor Presentation (November 2023)
21 slides from Calix's investor presentation, Nov 28, 2023
Slide 1: ASX Announcement: Calix Investor Presentation – November 2023
ASX Announcement 28 November 2023 Calix Investor Presentation – November 2023 Sydney, Australia | 28 November 2023 – Australian environmental technology company, Calix Limited (ASX: CXL) (“Calix” or “the Company”) is pleased to provide a copy of its latest investor presentation. For personal use onl
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: Calix Limited Investor Briefing Paper November 2023
For personal use only Calix Limited Investor Briefing Paper N o v e m b e r 2 0 2 3 C AL I X . C O M . A U
Slide 4: Important Disclaimer
Important Disclaimer This presentation has been prepared by Calix Limited (ABN 36 117 372 540) (“Company”). INVESTMENT RISK SUMMARY INFORMATION An investment in Calix securities is subject to investment and other known and unknown risks, some of which are beyond the control of This presentation cont
Slide 5: Mars is for quitters
For personal use only Mars is “It is now cheaper for quitters to save the world than destroy it.” Akshat Rathi. Climate Capitalism: Winning the Global Race to Zero Emissions. Investor Briefing Paper 3 November 2023
Slide 6: Policies driving decarbonisation – Latest News
Policies driving decarbonisation – Latest News Carbon penalties, value & support in Europe, US, & now Australia are accelerating the need for industrial decarbonisation… Europe US Australia Emissions Trading Scheme (EU ETS) Inflation Reduction Act Safeguard Mechanism • EU ETS CO2 price averaging €90
Slide 7: Calix's Core Platform Technology
Calix’s Core Platform Technology A new way to “heat stuff up”, for industrial decarbonisation… 28 patent families Raw covering core minerals / CO2 captured technology & feedstock as when processing small limestone applications. particles For personal use only Limestone contains nearly half by weight
Slide 8: One Decarbonisation Technology – Multiple Applications
One Decarbonisation Technology – Multiple Applications Our technology is addressing industrial decarbonisation for some of the world’s largest industries… For personal use only Cement & lime Direct Air Capture Lithium Alumina Iron & steel Electrifying Aluminium Oxide production ZESTY “Low Emissions
Slide 9: Our Strategy – Equity farm-in to subsidiaries, plus license fees
Our Strategy – Equity farm-in to subsidiaries, plus license fees… 93% equity AU$17.5m for 45% equity 30% license / royalty fees, regardless of equity 2021 2023 For personal use only €15m for ~7% equity, of 70% of AU$65m for 55% equity the royalty income stream Lithium Salt Midstream Demonstration Wa
Slide 10: Valuing the Opportunity: Leilac and Svante
Valuing the Opportunity Leilac and Svante Inc…benchmark ? Since 2021, we have undertaken significant commercial de-risking and expanded the total addressable market 2019 2021 2022 2023 For personal use only • INVESTS €15m for ~7% equity, of 70% • Leilac-1 of the royalty income stream • Global, perpe
Slide 11: Valuing the opportunity - iron and steel
Valuing the opportunity - iron and steel H2Green Steel Midrex technology – TRL9 Significant valuations look to have been achieved for competing green iron technologies H2 Sep 23 Nat Gas for Nat Gas, maybe 6 for H2** US$1.5b No data on production capacity – still lab scale No data on production capac
Slide 12: Alumina - an emerging opportunity
Alumina - an emerging opportunity Calix’s renewable / electric calciner solution is highly prospective for lower emissions alumina production Steam / Flue Gas Crushing Al-Hydrate Alumina Milling Al(OH)3 Al2O3 Market Tailwinds - Alumina • Global production 141.5 MT*, CAGR 4.7% to 2032 Filtering Alumi
Slide 13: Technical Development - Heavy Industry Low Carbon Transition (HILT) CRC
Technical Development - Heavy Industry https://hiltcrc.com.au/ Low Carbon Transition (HILT) CRC Several partners in the HILT-CRC are in our main decarbonisation focus areas Steel Producers Alumina Iron Ore Producers Cement and Lime Core Partners ` ` ` For personal use only Affiliate Partners ` Key P
Slide 14: FY23 Financial Commentary
FY23 Financial Commentary Balance sheet strength to pursue commercialisation opportunities • Capitalised today to pursue our operational objectives and committed capital projects over next Calix Limited FY23 financial two years result highlights • Flexibility retained to pursue the right capital / $
Slide 15: About Calix
About Calix Calix is an environmental technology company that is developing a unique platform technology to solve global challenges in industrial For personal use only decarbonisation and sustainability. We are building multiple businesses to deliver positive global impact in CO2 mitigation, sustain
Slide 16: Board of Directors
Board of Directors Peter Turnbull, AM Alison Deans Helen Fisher Phil Hodgson Dr Mark Sceats Non-Executive Chair Non-Executive Director Non-Executive Director Managing Director & Chief Executive Director & Chief (Retiring 2024) (Chair-Elect) Executive Officer Scientist For personal use only • Experie
Slide 17: Glossary
Glossary Term Meaning Aluminium (Al) Chemical element with the symbol Al 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 development of resistance in ba
Slide 18: Glossary
Glossary Term Meaning EAP Employee Assistance Program 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 allows ions to move be
Slide 19: Glossary
Glossary Term Meaning Process emissions are inherent to the chemical reaction and are released directly and unavoidably from the chemical processing of raw material. They are distinct from Process emissions energy related emissions that may result from the consumption of fuel to heat the reaction. T
Slide 20: Glossary
Glossary Term Meaning LHM Lithium Hydroxide Monohydrate – used in the production of cathode active materials for lithium-ion batteries Lithium (Li) Chemical element with the symbol Li Lithium-phosphate / Lithium Salt / “Mid- A form of lithium that is high in lithium content, to be shipped and utilis
Slide 21: 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 Subscribe to our New