Environmental technology company Calix (ASX:CXL) won AU$15 million in grant funding from the Western Australian government for the Mid-Stream demonstration plant project developed in a joint venture with Pilbara Minerals (ASX:PLS), according to a Tuesday filing with the Australian bourse.
The grant award is subject to terms and conditions between Pilbara Minerals and the Western Australian government, the filing said.
The additional funding support will allow the companies to consider resuming the project, which aims to build and operate a technology that could decarbonize the most carbon-intensive processes in the battery materials supply chain, the filing said.
Calix shares rose nearly 2% in midday trade Wednesday and earlier hit their lowest since June 2020, while Pilbara Minerals' shares climbed almost 4%.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。