Calix Ltd. · ASX:CXL
Calix — Canaccord Charging Up Battery Technology Conference 2021
24 slides from Calix's conference presentation, Dec 7, 2021
Slide 1: Calix to Present at Canaccord Battery Technology Conference
ASX Announcement December 7, 2021 For personal use only Calix to Present at Canaccord Battery Technology Conference Sydney, Australia | December 7, 2021 – Multi-award-winning Australian technology company Calix Limited (ASX: CXL) (Calix or the Company) is pleased to provide the investor presentation
Slide 2: About Calix
About Calix Calix is a team of dedicated people who are urgently developing great businesses, leveraging our patented technology, For personal use only that deliver positive global impact. The core technology is being used to develop more environmentally friendly solutions for water treatment, CO 2
Slide 3: Charging Up - Canaccord Battery Technology Conference
“CHARGING UP” Canaccord Battery Technology Conference For personal use only 7th December, 2021 Solving global challenges 1
Slide 4: Our core technology platform
Our core technology platform A PATENTED PLATFORM TECHNOLOGY WITH 3 KEY FEATURES For personal use only CO2 capture When processing A new way to “heat stuff up” limestone, gas exhaust is high purity CO2 26 patent families covering core technology and applications Renewable energy-ready >A$100m has bee
Slide 5: Our business opportunities and ESG tailwinds
Our business opportunities and Environment, Social and Governance (“ESG”) tailwinds MULTIPLE “SHOTS ON GOAL” ESG OPPORTUNITY USING THE ONE PATENTED CORE PLATFORM TECHNOLOGY For personal use only CO2 Advanced Water Biotech Sustainable Processing Mitigation Batteries • Direct CO2 separation for • Safe
Slide 6: Opportunities to apply the Calix technology across the battery value chain
Opportunities to apply the Calix technology across the battery value chain For personal use only Sustainable Processing Advanced Batteries Processing of spodumene to produce The manufacture of advanced manganese lithium oxide materials for lithium ion batteries Manganese α-Spodumene Carbonate β-Spod
Slide 7: Market opportunity – why are Li-Ion batteries of interest?
Market opportunity – why are Li-Ion batteries of interest ? THE LI ION BATTERY MARKET HAS GROWN VERY QUICKLY, AND IS PREDICTED TO ACCELERATE FURTHER… For personal use only While there are varying predictions as to the growth of Li- Ion battery demand, there is consensus on two things… - Growth will
Slide 8: Why lower carbon foot-print lithium?
Why lower carbon foot-print lithium ? GLOBAL CAR MANUFACTURERS TARGETING NET ZERO CO2 INPUTS For personal use only New EU regulatory framework for Batteries* PLUG-IN ELECTRIC VEHICLE SALES IN EUROPE requirement to comply with maximum lifecycle carbon footprint thresholds (as of 1 July 2027) by 1 Jan
Slide 9: Reduced CO2 footprint lithium salt production
Reduced CO2 footprint lithium salt production Targeted benefits of the Calix Technology to the For personal use only spodumene industry Calix Technology • Higher value product produced on-site from fines • Less shipping of waste • Higher recovery from the ore body • Can be renewable energy-powered •
Slide 10: An electric / renewably-powered Australian lithium process
An electric / renewably - powered Australian lithium process DEVELOPING ON-SHORE, LOW CARBON PROCESSING OF SPODUMENE ORE FINES TO PRODUCE A LITHIUM SALT For personal use only Calix Lithium Concentrate Demonstration plant Technology • Excellent test results on spodumene conversion using Calix Technol
Slide 11: How do lithium ion batteries work?
How do lithium ion batteries work ? AND WHY IS THE CATHODE SO IMPORTANT ? During charging, lithium (Li) ions flow from the cathode For personal use only to the anode via an electrolyte, through a separator Terminal Substrate (typically Aluminium) + During discharge, they flow back to the cathode, Ca
Slide 12: What are the key operating properties of Li-Ion batteries?
What are the key operating properties of Li-Ion batteries? SO FAR (!) HAS BEEN A TRADE-OFF BETWEEN ENERGY AND POWER… only Developed Target Battery ➢ “energy” defines how much “Heaven” “fuel” is in the tank use (high energy, high power, low Sodium / New Nickel cost, safe) ➢ “power” defines how Magnes
Slide 13: Energy and power important, but so is cost, safety and energy used
Energy and power important, but so is cost, safety, and increasingly - the energy used to produce the battery… Very Safe Unsafe HOW THE TOP 4 CHEMISTRIES STACK UP… For personal use only Cathode Key Stability Voltage Specific Energy Typical Cost Cost / Energy Safety 1 Energy to Chemistry Elements (V,
Slide 14: Why might Calix's technology be suited to battery materials?
Why might Calix’s technology be suited to battery materials ? THE CALIX TECHNOLOGY ENABLES A SIMPLER, CHEAPER, LOWER ENERGY PRODUCTION ROUTE … For personal use only Calix Technology “BATMn” Can be renewably powered Sintering Sintering Li2CO3 Li(OH) Furnace (Solution) Furnace (Solid) 750 0C 800 0C Ty
Slide 15: Can we use cheaper, less pure materials?
Can we use cheaper, less pure materials ? OUR EARLY TEST WORK HAS CONCENTRATED ON CHEAP, AGRICULTURAL, NON-BATTERY GRADE MANGANESE… For personal use only Chemical Composition Standards Commercial LMO Calix LMO (weight %) High Capacity 1 High Power 1 As tested (washed) (unwashed) Mn 58.0 + 2.0 57.5 +
Slide 16: Can we make better performing materials?
Can we make better performing materials ? EARLY HALF-CELL RESULTS ON THE CALIX CATHODE CRYSTALS SHOW VERY ENCOURAGING PERFORMANCE For personal use only “cracking the onion” – creating “Hierarchical Porous Onion” (HPO) nano-structures Calix is developing a high-performance, low-cost lithium manganese
Slide 17: Full coin cells – significant performance longevity demonstrated
Full coin cells – significant performance longevity demonstrated ADVANCED BATTERIES: LONG TERM STABILITY AT HIGH RATE DEMONSTRATED TO OVER 5500 CYCLES For personal use only Before cycling After cycling LMO | LTO full cells continue to show very stable performance after > 5500 cycles with fast (15 mi
Slide 18: Commercial format – pouch cell prototypes
Commercial format – pouch cell prototypes PROTOTYPING AND SCALE-UP OF COMMERCIAL FORMAT CELLS FEATURING CALIX LMO IS UNDERWAY For personal use only • Calix has engaged AMTE Power and its partners QinetiQ and MEP technologies to undertake prototyping and scale-up of commercial format pouch cells and
Slide 19: Our battery universe is broad, and expanding
Our battery universe is broad, and expanding… MULTIPLE DEVELOPMENT AND TRAINING PROGRAMS IN AUSTRALIA AND EUROPE… For personal use only 17
Slide 20: Progress since our March 2021 capital raise
Progress since our March 2021 capital raise ADVANCED BATTERIES: ACCELERATION PLANS – ON TRACK For personal use only Key Challenge Description 2021 2022 2023 2024 LMO Full Cell 1. Commercially-relevant loadings of Cathode Active Material1 Complete Performance 2. Long term 500-1000+ charge-discharge c
Slide 21: In Summary: Opportunities across the battery value chain
In Summary: Opportunities to apply the Calix technology across the battery value chain Sustainable Processing Advanced Batteries For personal use only Processing of spodumene to produce The manufacture of advanced manganese lithium oxide materials for lithium ion batteries ✓ Excellent test results o
Slide 22: Glossary
Glossary Term Meaning For personal use only Aluminium (Al) Chemical element with the symbol Al Anode The negative electrode of a battery BATMn Calix’s core kiln technology – electrified – for battery and catalyst materials production C, 2C, 4C, D Charge rate, 1 C = charge in 1 hour, 2C charge in 30
Slide 23: Glossary
Glossary For personal use only Term Meaning Manganese Carbonate (MnCO3) Form of manganese used mainly in agriculture as a fertiliser supplement Magnesium (Mg) Chemical element with the symbol Mg Manganese (Mn) Chemical element with the symbol Mn Nickel (Ni) Chemical element with the symbol Ni NCA A
Slide 24: Because there's only one Earth…
Because there’s only one Earth… For personal use only …Mars is for quitters Phil Hodgson Darren Charles Simon Hinsley Managing Director & CEO CFO & Company Secretary Investor Relations phodgson@calix.global dcharles@calix.global simon@nwrcommunications.com.au +61 2 8199 7400 +61 2 8199 7400 +61 401
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