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PLS Takes Full Control of Lithium Tech Project, Secures Royalty-Free Licence

8:08am on Thursday 19th of February, 2026 AEDT Materials
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PLS Takes Full Control of Lithium Tech Project, Secures Royalty-Free Licence

8:08am on Thursday 19th of February, 2026 AEDT
Key Points
  • PLS acquires Calix’s interest in Mid-Stream Demonstration Plant for A$11.4 million
  • PLS assumes full ownership, funding, and operational responsibility
  • Calix grants PLS a perpetual royalty-free licence for calciner technology in lithium processing
  • Revised royalty split for third-party licensing: 80% PLS, 20% Calix
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