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Calix Completes Construction of Lithium Mid-Stream Demonstration Plant in WA

Story Highlights
  • Calix has finished building a lithium Mid-Stream Demonstration Plant with PLS in WA.
  • This milestone advances Calix’s low-carbon processing technology into the lithium value chain.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Calix Completes Construction of Lithium Mid-Stream Demonstration Plant in WA

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Calix Ltd. ( (AU:CXL) ) has provided an announcement.

Calix Limited has completed construction of its lithium Mid-Stream Demonstration Plant, an electric calciner facility developed in joint venture with PLS Group at the Pilgangoora operation in Western Australia. The completion marks a key milestone in advancing Calix’s decarbonisation-focused processing technology into the lithium value chain, with commissioning and operating plans to be detailed later by the joint venture, underscoring the company’s strategic push into critical minerals processing and its broader role in enabling lower-carbon industrial operations.

The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.67 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. Its patented core platform uses indirect heating of raw materials to enable efficient, precise, flexible and renewably powered processing of metals and minerals, as well as capture of unavoidable industrial emissions. Calix is applying this technology across cement, steel, magnesia, alumina, critical minerals and direct air capture industries, often in partnership with a global network of collaborators.

Average Trading Volume: 372,596

Technical Sentiment Signal: Sell

Current Market Cap: A$142.3M

See more data about CXL stock on TipRanks’ Stock Analysis page.

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