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The latest update is out from Calix Ltd. ( (AU:CXL) ).
Calix has signed a three-year contract, with options for a further two years, to supply magnesium hydroxide water treatment products to a major global agriculture company in the United States, using its existing production and distribution facilities in the US Midwest. The deal is expected to deliver up to A$10 million in additional annual product and services revenue from the first quarter of the 2026 calendar year, underscoring the growing commercial traction of Calix’s water treatment solutions and strengthening its position in the US market without requiring new capacity investment, with the company confirming that all material information relevant to assessing the contract’s impact on its securities has been disclosed.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.61 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 for indirectly heating raw materials is being developed to enable efficient, renewably powered processing of metals and minerals and the capture of unavoidable industrial emissions, with applications across cement, steel, magnesia, alumina, critical minerals and direct air capture industries, often in partnership with a global network of collaborators.
Average Trading Volume: 361,042
Technical Sentiment Signal: Sell
Current Market Cap: A$112.1M
See more data about CXL stock on TipRanks’ Stock Analysis page.