At present the group treats discharged water, mainly in the US.
But last Thursday CXG co-founder and director, Dr Mark Skeats, used an Investor Day address to flag a move into fresh water.
"The new area that we're looking at is to go into fresh water treatment. How to make potable water."
Skeats added: "We believe there is a capability of using our material in a water treatment plant. Through the whole system."
But Skeats went further. He claimed that Calix products could address toxic scourges in the water/soil spaces - PFAS/poly fluorinated alkyl substances and fluorides.
"We might be able to destroy the PFAS", he said.
While Dr Skeats cautioned Calix would need to conduct R&D, it seems the group has ambitions to become a force in wider water industry.
How big is the local industry? Australia spends an estimated $6 billion each year on water and wastewater treatment services.
CXL Price at posting:
$4.20 Sentiment: Hold Disclosure: Held
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