- Calix (CXL) is partnering with a low-carbon research project which is aiming to reduce emissions across Australia’s heavy industrial processes
- CXL will join the likes of Fortescue Metals (FMG) and South32 (S32) in the think tank, which received $39 million from the Australian government today
- Calix Managing Director Phil Hodgson says the opportunity will allow CXL to network with some of Australia’s largest mining companies
- Calix shares closed today’s session up 3.89 per cent to trade at $2.67.
Calix (CXL) is partnering with a low carbon research project which is aiming to reduce emissions across Australia’s heavy industrial processes.
The ASX-lister will team up with the Heavy Industry Low-carbon Transition Cooperative Research Centre, which has today received a $39 million funding boost from the Australian government.
The think tank, whose partners include the likes of Fortescue Metals (FMG), Roy Hill and South 32 (S32), works alongside international universities to keep Australian companies globally competitive by capitalising on existing mineral and renewable energy resources.
Calix Managing Director Phil Hodgson said the opportunity would allow CXL to network with some of Australia’s largest heavy industrial and mining companies.
” We are excited to be a key partner in the HILT CRC and welcome today’s funding from the Australian Government,” he said.
“It is a chance for us to demonstrate the technology developed for CO2 mitigation in the production of cement and lime through our European LEILAC-1 and 2 projects in an Australian setting, as well as explore other more sustainable applications.”
Calix shares closed today’s session up 3.89 per cent to trade at $2.67.