Calix Secures Three-Year Deal With US Customer; Shares Up 12%

MT Newswires Live

2025/12/19

Calix (ASX:CXL) secured a three-year contract for the supply of magnesium hydroxide water treatment products to a US customer, according to a Friday filing with the Australian bourse.

The contract is expected to generate up to AU$10 million in additional annual product and services revenue and includes options for a further two years, the filing said.

First revenues are expected in the first quarter of 2026, per the filing.

Shares rose nearly 12% in midday trade on Friday.

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