• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Fat Tail Daily

Investment Ideas From the Edge of the Bell Curve

  • Menu
    • Commodities
      • Resources and Mining
      • Copper
      • Gold
      • Iron Ore
      • Lithium
      • Silver
      • Graphite
      • Rare Earths
    • Technology
      • AI
      • Bitcoin
      • Cryptocurrency
      • Energy
      • Financial Technology
      • Bio Technology
    • Market Analysis
      • Latest ASX News
      • Dividend Shares
      • ETFs
      • Stocks and Bonds
    • Macro
      • Australian Economy
      • Central Banks
      • World Markets
    • Small Caps
    • More
      • Investment Guides
      • Premium Research
      • Editors
      • About
      • Contact Us
  • Latest
  • Fat Tail Series
  • About Us
Market Analysis Latest ASX News

Calix Share Price Soars on LEILAC Project Output Report (ASX:CXL)

Like 0

By Kiryll Prakapenka, Thursday, 07 October 2021

Calix Ltd [ASX:CXL] share price is currently exchanging hands for $5.20 per share, up 8.8%. The Calix Ltd’s [ASX:CXL] LEILAC project consortium has released its final output report, the Roadmap 2050...

The Calix Ltd’s [ASX:CXL] LEILAC project consortium has released its final output report, the Roadmap 2050.

The report provides a vision for how Calix’s carbon capture technology could ‘significantly contribute to industrial CO2 mitigation’.

Calix Ltd [ASX:CXL] share price is currently exchanging hands for $5.20 per share, up 8.8%.

ASX CXL - Calix Share Price ChartSource: TradingView.com

Highlighting the strength of the green revolution theme, CXL shares have gained 530% over the last 12 months.

Calix overview

As we’ve covered earlier in the year, CXL develops patented technology to address global sustainability challenges.

It seeks to address these challenges by developing sustainable solutions for advanced batteries, crop protection, aquaculture, wastewater, and carbon reduction.

Essentially, Calix aims to become a ‘global innovator of industrial solutions for the environment.’

In FY20 the company reported $25 million in net assets and zero debt with $24.4 million in total revenue.

How to Limit Your Risks While Trading Volatile Stocks. Learn more.

Final output report released

Developed by the LEILAC Consortium, which includes some of the world’s largest cement, lime, chemical and utilities companies, the Roadmap 2050 report outlined CXL’s vision for carbon capture technology.

The report also includes a commercialisation and deployment roadmap with full techno-economic modelling.

Here are the report’s key conclusions:

  • ‘For a full scale, developed and retrofitted LEILAC plant, CO2 capture costs (including Capex and Opex) for cement is estimated to be in the range of around €14 to €24 per tonne of CO2 avoided – the lowest reported of any technology – with scope for further cost reductions possible.
  • ‘For full-chain CO2 mitigation projects, depending on the transport and storage options, total costs may be in the region of €39 to €80 per tonne CO2 avoided. Current EU ETS allowances recently traded at €62 per tonne of CO2 , and have been consistently rising over time despite the impacts of Covid.’

What’s next for the CXL Share Price?

Calix notes that ‘several development and scale-up steps’ are needed to fit a complete LEILAC system to a cement plant.

However, in theory, as there is minimal energy requirements and relatively small capex, a full scale, fully developed LEILAC facility capture costs are predicted to be between €14–24 per tonne.

This is the lowest reported of any technology and still has scope for further reductions in cost.

Based on these findings, the company notes:

‘It is estimated that future, fully developed and full scale retrofit LEILAC installations using waste fuel could achieve full chain CCS abatement costs (capture, transport, storage, including CAPEX costs) of around €39 per tonne of CO2 avoided.’

Approximately half of these costs are linked with transporting and storing the CO2 and nearly a quarter to the capital and operating costs are linked with CO2 compression.

Another way to reduce carbon emissions is via the mass adoption of electric vehicles. EVs are cleaner than our current internal combustion engine cars.

And a crucial element of EVs is lithium.

So if you’re interested by the potential of the lithium sector but unsure where to start in your research — with so many ASX lithium stocks out there right now — I suggest reading our free 2021 lithium report.

Regards,

Kiryll Prakapenka,

For Money Morning

PS: Our publication Money Morning is a fantastic place to start on your investment journey. We talk about the big trends driving the most innovative stocks on the ASX. Learn all about it here

All advice is general advice and has not taken into account your personal circumstances.

Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

Kiryll Prakapenka

Kiryll’s Premium Subscriptions

Publication logo
Fat Tail Investment Research

Latest Articles

  • Google Search Isn’t Dead, It Just Smells Funny
    By Charlie Ormond

    The question isn't whether this disruption will happen, but whether you're positioned to profit from it.

  • Trump sparks uranium rally
    By Callum Newman

    Tune in today to watch the latest Closing Bell podcast with Murray Dawes. We discuss the outlook for US stocks, uranium, RBA “bulltish”…plus discuss a few stocks. Tune in now!

  • Markets on Edge? Who cares, this Explorer just delivered a 1,600m Hit
    By James Cooper

    James Cooper outlines the potential opportunities among explorers making major drill hits, but aren’t capturing attention from investors, yet.

Primary Sidebar

Latest Articles

  • Google Search Isn’t Dead, It Just Smells Funny
  • Trump sparks uranium rally
  • Markets on Edge? Who cares, this Explorer just delivered a 1,600m Hit
  • Just “ChatGPT It”, Stupid
  • The blunder that cost Australia $28 billion

Footer

Fat Tail Daily Logo
YouTube
Facebook
x (formally twitter)
LinkedIn

About

Investment ideas from the edge of the bell curve.

Go beyond conventional investing strategies with unique ideas and actionable opportunities. Our expert editors deliver conviction-led insights to guide your financial journey.

Quick Links

Subscribe

About

FAQ

Terms and Conditions

Financial Services Guide

Privacy Policy

Get in Touch

Contact Us

Email: support@fattail.com.au

Phone: 1300 667 481

All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees.

Fat Tail Logo

Fat Tail Daily is brought to you by the team at Fat Tail Investment Research

Copyright © 2025 Fat Tail Daily | ACN: 117 765 009 / ABN: 33 117 765 009 / ASFL: 323 988