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An announcement from Calix Ltd. ( (AU:CXL) ) is now available.
Calix Limited has released its latest newsletter detailing significant commercial milestones, including a $44.9 million ARENA grant for a Green Iron Demonstration Plant and a new partnership with Hydro. The company also reported successful upgrades and testing of its Leilac-1 project, progress in its lithium demonstration project, and expansion in the magnesia market in Queensland. These developments indicate Calix’s strong focus on sustainability and its growing impact on the industrial 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. It develops patented technology for indirect heating of raw materials, enabling efficient processing and emissions capture in industries such as cement, steel, magnesia, alumina, and critical minerals.
Average Trading Volume: 275,883
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$90.16M
For a thorough assessment of CXL stock, go to TipRanks’ Stock Analysis page.