Calix awarded ARENA funding for further development of Zero Emissions Steel Technology
Sydney, Australia | 8 November 2022 – Australian environmental technology company, Calix Limited (ASX: CXL) (“Calix” or “the Company”) announces today it has been awarded a $947,035 grant by the Australian Renewable Energy Agency (ARENA) to help fund a Basis of Design (“BOD”) and Front-End Engineering and Design (“FEED”) study for a renewably powered demonstration plant for its Zero Emissions Steel TechnologY (ZESTY).
Highlights
The $947,035 grant from ARENA will help to fund an eleven-month BOD and FEED study for a 30,000 tonne per annum, zero CO2 emissions ZESTY-iron demonstration plant.
Calix’s ZESTY uses hydrogen in a renewably powered reactor to produce green iron and ultimately, green steel.
ZESTY reduces iron ore at significantly lower temperatures than conventional blast furnaces (BF) and can enable minimal consumption of hydrogen in the production of green steel.
Iron ore is Australia’s largest export, with Australia providing over half the global supply in 2021. Calix’s ZESTY is compatible with multiple iron ore types, including haematite, providing pathways for one of Australia's most important exports to become sustainable in a low carbon world.
ZESTY seeks to facilitate the transition to green steel, adding value to local iron ore exports as well as future-proofing local iron and steel production.
- Forums
- ASX - By Stock
- Ann: Calix announces ARENA funding support for ZESTY
Calix awarded ARENA funding for further development of Zero...
-
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.11 |
Change
-0.040(3.48%) |
Mkt cap ! $202.1M |
Open | High | Low | Value | Volume |
$1.16 | $1.17 | $1.10 | $265.7K | 236.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3588 | $1.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.12 | 8000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3588 | 1.110 |
7 | 79855 | 1.100 |
1 | 2085 | 1.095 |
1 | 2085 | 1.090 |
2 | 27085 | 1.085 |
Price($) | Vol. | No. |
---|---|---|
1.115 | 8000 | 1 |
1.120 | 2085 | 1 |
1.125 | 2085 | 1 |
1.130 | 2085 | 1 |
1.150 | 5584 | 2 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
CXL (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online