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Calix Ltd. ( (AU:CXL) ) has issued an announcement.
Calix Ltd. announced significant advancements at its 2025 Annual General Meeting, highlighting strategic partnerships and commercial milestones. The company secured a $35 million commitment from Rio Tinto for its Zero Emission Steel Technology and partnered with Norske Hydro to develop zero emissions alumina technology. The completion of a lithium demonstration plant and advancements in cement, lime, and water treatment projects underscore Calix’s growth and commitment to sustainability. Despite some challenges in the U.S. market, Calix reported a 17% increase in revenue and a 23% reduction in operating costs for FY2025, continuing its positive financial trajectory.
The most recent analyst rating on (AU:CXL) stock is a Buy with a A$1.70 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 Ltd. operates in the industrial technology sector, focusing on developing innovative solutions for processing minerals and metals. The company is known for its platform technology that aims to improve energy efficiency and reduce carbon emissions in heavy industries such as cement, steel, and aluminum production. Calix collaborates with global industry leaders to demonstrate and license its technologies, targeting a decarbonizing economy.
Average Trading Volume: 295,355
Technical Sentiment Signal: Sell
Current Market Cap: A$100M
For an in-depth examination of CXL stock, go to TipRanks’ Overview page.