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Calix Ltd. ( (AU:CXL) ) has provided an announcement.
Calix Limited has announced a Joint Development Agreement with Rio Tinto, which will be discussed in an investor webinar. This collaboration is expected to enhance Calix’s position in the industry by leveraging its core technology to meet the increasing demand for sustainable industrial solutions. The agreement signifies a strategic move to strengthen Calix’s operations and impact in the environmental technology sector.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
More about Calix Ltd.
Calix Limited is an Australian environmental technology company focused on industrial decarbonisation and sustainability. The company utilizes its unique patented core platform technology for efficient and renewable processing of metals and minerals, targeting industries such as cement, steel, alumina, and critical minerals. Calix is committed to addressing global challenges through its technology and partnerships.
Average Trading Volume: 295,355
Technical Sentiment Signal: Sell
Current Market Cap: A$100M
For a thorough assessment of CXL stock, go to TipRanks’ Stock Analysis page.