Calix Ltd. · ASX:CXL
Calix — Canaccord CG Sustainability Series 2023
19 slides from Calix's conference presentation, Apr 18, 2023
Slide 1: Calix Investor Presentation – April 2023
ASX Announcement 18 April 2023 For personal use only Calix Investor Presentation – April 2023 Sydney, Australia | 18 April 2023 – Australian environmental technology company, Calix Limited (ASX: CXL) (“Calix” or “the Company”) is pleased to provide a copy of its presentation to the Canaccord CG Sust
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. For personal use only The core technology is being used to develop more environmentally-friendly solutions for water treatment, CO2 m
Slide 3: Decarbonisation technology for multiple industries
For personal use only Decarbonisation technology for multiple industries Canaccord Sustainability Series April 2023 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”). An investment in Calix securities is subject to investment and other known and unknown risks, some of which are beyond the control of Calix, including possible delays in
Slide 5: Calix's core technology platform
Calix’s core technology platform A new way to heat stuff up… For personal use only CO2 capture Capture of high purity An AUSTRALIAN invention… CO2 when processing limestone 28 patent families covering core technology and Lime and applications Cement >A$120m has been invested to date in developing th
Slide 6: Industrial decarbonisation tailwinds
Industrial decarbonisation tailwinds Calix’s mission is being propelled by net zero For personal use only commitments Government Investor activity Net zero policy spending ~90% US$42tn US$275tn of global GDP now assets of signatories Estimated spend under net zero to the ‘2022 Global required by 205
Slide 7: Policies driving decarbonisation
Policies driving decarbonisation Carbon penalties, value & support in Europe, US, and now Australia… For personal use only EUROPE US AUSTRALIA Emissions Trading Scheme Inflation Reduction Act Safeguard Mechanism • €80 – 2022 average EU ETS price, up • US$85 / tonne of CO2 • A price on carbon, capped
Slide 8: Decarbonising cement and lime
Decarbonising cement and lime For personal use only Market drivers Largest single source of industrial emissions Carbon pricing: 36 carbon taxes & 32 Emissions Trading Systems, covering • ~8% of global emissions1 Cement~8% 23% of global emissions & generating • Unavoidable process emissions released
Slide 9: Scaling up the Leilac technology
Scaling up the Leilac technology Leilac-1, Lixhe, Belgium Leilac-2, Hannover Leilac-3 For personal use only 25,000 tonnes / year CO2 100,000 tonnes / year CO2 0.5 million+ tonnes / year CO2 1 tube 4 tubes – 1 module Several multi-tube modules Built: operational 2019 Passed FID Multiple in planning 2
Slide 10: Leilac's full scale vision
Leilac’s full scale vision For personal use only BUT…we need to mitigate 1.4 billion tonnes per annum of process CO2 emissions = up to 3,000 Leilac-3s ~2 built every week from now until 2050 !! 8
Slide 11: A growing pipeline of projects
A growing pipeline of projects For personal use only Project Detailed Pre-FEED / FID + Initial scoping FEED Operational Total discussions scoping / MOU BOD construction Aug 2021 21 7 4 1 1 34 Aug 2022 25 13 9 5 1 1 54 Feb 2023 34 19 8 6 2 1 1 71 Leilac-2 Leilac-1 • Pipeline growth: as at February 20
Slide 12: Decarbonising shipping & aviation
Decarbonising shipping & aviation Leilac’s core technology applied into new markets For personal use only Carbon capture for shipping • Combining renewably powered propulsion & lime-based carbon capture to develop a low-cost decarbonisation solution for shipping, in partnership with Windship Technol
Slide 13: Direct Air Capture
Direct Air Capture Non-binding MOU for DAC global licence agreement with Heirloom For personal use only • Heirloom1 is a Direct Air Capture company with an objective of capturing 1 billion tonnes of CO2 by 2035. • Heirloom’s backers include Gates-led Breakthrough Energy Ventures, Carbon Direct and M
Slide 14: Decarbonising iron and steel
Decarbonising iron and steel Indispensable, carbon-intensive & hard-to-abate. For personal use only Australian iron • >A$150b…44% of Australian export earnings in 20214 • 96% of Australian iron ore is haematite5 ~7% of global • Value creation opportunity emissions1 – 3-4x value add: iron ore → iron
Slide 15: Zero Emissions Steel TechnologY
Zero Emissions Steel TechnologY Potential lowest cost zero emissions iron & steel For personal use only Simple Compatible H2 not process with fines & No fossil fuel No CCS combusted / (low pressure / lower grade requirement required easily no fluid beds) ores recycled About ZESTY BF / BOF + H2 ✓ × ×
Slide 16: ZESTY development to date
Zero Emissions Steel TechnologY ZESTY development to date… For personal use only Phase 1 & 2: Fe D50 SSA Pore Volume completed Wt %) (um) (m2/g) (cm3/g) ✓ Theoretical kinetic a) Siderite 43 87 25 0.035 a) studies Goethite / c) ✓ Conversion of b) 57 130 15 0.034 b) Hematite electric calciner to Goeth
Slide 17: ZESTY Technology: pre-FEED / FEED study
Calix’s ZESTY Technology: pre-FEED / FEED study Towards Financial Investment Decision by end-2023 For personal use only Pre-FEED / FEED study • A$947,035 ARENA grant. • Proposed 30,000 tpa, zero CO2 emissions ZESTY-iron demonstration plant. • Study towards final investment decision, including: - Tes
Slide 18: Development of lithium salt project with Pilbara Minerals
Development of lithium salt project with Pilbara Minerals TARGETING JV FORMATION AND COMPLETION OF FEED IN FY23 For personal use only First Lithium Phosphate • PILBARA MINERALS (ASX:PLS): JV Full Documentation salts produced in pilot Executed with $20m in Federal Government funding plant announced u
Slide 19: 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