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Calix Secures $5.7m Payment in Lithium Project Restructure with PLS
9:40am on Monday 20th of April, 2026 AEST
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Industrial Technology
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Calix Secures $5.7m Payment in Lithium Project Restructure with PLS
9:40am on Monday 20th of April, 2026 AEST
Key Points
Initial $5.7m payment triggered by restructure execution
Second $5.7m payment due by end of July 2026
Release of $11.4m invested capital from Mid-Stream Project
Shift to capital-light licensing with royalty split arrangement
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