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Wildfire Energy and Calix sign term sheet to co-fund Bulwer Island Energy and Hydrogen Project

Wildfire Energy Pty Ltd (“Wildfire”) and Calix Limited (“Calix”) are pleased to announce that they have entered into a non-binding term sheet to co-fund the development and construction of the first phase of the Bulwer Island Energy and Hydrogen Recovery Facility (Project Proton) and an Agency and Exclusivity Agreement for the MIHG technology.

Wildfire and Calix have been working collaboratively together for over 12 months in regards to combining two leading climate technologies, namely Wildfire’s MIHG (Moving Injection Horizontal Gasification) technology with Calix’s Flash Calcination (CFC) technology, to deliver a solution for the decarbonisation of the cement and lime industry, and in the future, potentially other hard to abate industries, such as steel production.

Wildfire’s MIHG technology can convert a wide range of residual wastes and clean alternative fuels, including refuse derived fuel (RDF), into renewable syngas. The syngas can then be used either directly or indirectly to provide renewable energy for Calix’s calcination technology to efficiently separate and capture carbon dioxide from limestone to produce decarbonised lime. Wildfire’s patented MIHG technology uses a proprietary moving injection method which enables the processing of a wide range of heterogeneous feedstocks into high quality renewable syngas and a vitrified slag suitable for recycling into construction aggregates. Calix and Wildfire expect to realise significant benefits by integrating Wildfire’s MIHG technology with Calix’s Flash Calcination (CFC) technology to bring the cost of carbon capture down further and provide end customers with a wide degree of operational flexibility in processing clean alternative fuels.

During the collaboration period, Wildfire has developed modular and scaled-up concept designs of its MIHG technology suitable for powering the Calix flash calcination technology. Calix, via its Leilac team, has also undertaken extensive technical due diligence of the MIHG technology including commissioning Professor Farid Christo of RMIT University in Melbourne to undertake an independent review of the MIHG technology.

Under the arrangements agreed in the term sheet, Calix will co-fund, alongside Wildfire, an equal share of the development and construction costs of the Phase 1 Bulwer Island Energy and Hydrogen Recovery Facility via a convertible note instrument into the project special purpose vehicle Wildfire Energy Bulwer Island Pty Ltd. This project will be the first commercial implementation of Wildfire’s MIHG technology, and is designed to demonstrate the processing of a wide range of residual wastes and clean alternate fuels into renewable syngas as a first step towards implementing scaled-up designs for integration with Calix’s flash calcination technology. The Phase 1 project will process 10,000 tpa of waste feedstocks into renewable syngas which will be used to generate heat and electricity to decarbonise adjacent industrial users. The project is being developed with the potential for expansion in Phase 2 to process 40,000 tpa of residual wastes destined for landfill into a combination of renewable heat, electricity and hydrogen.

Under the agreed Agency and Exclusivity arrangements, which are subject to successfully bringing a first commercial project using the MIHG technology into operations, Calix will market the MIHG technology as an option for its customers who want to use clean alternate fuels to power the Calix flash calcination technology. Wildfire will provide its MIHG technology for calcination applications exclusively to Calix customer’s subject to a range of customary performance conditions.

The agreement is non-binding and subject to the signing of formal agreements by the parties.

Wildfire Managing Director and CEO, Greg Perkins, said:

“Wildfire is excited to announce this partnership with Calix, which will accelerate the scale-up and commercialisation of our MIHG technology and open up a major new market opportunity to help decarbonise the cement and lime industry. We are incredibly excited to be working with Calix to bring this first project into operations and to progress combining our MIHG technology with Calix’s world-leading flash calcination technology.”

Ends. 29th July 2023

For inquiries contact:

Greg Perkins, CEO and Managing Director, Wildfire Energy

+61 488 150 695

About Calix:

Calix Limited (ASX:CXL) is an environmental technology company solving global challenges in industrial decarbonisation and sustainability, including CO2 mitigation, sustainable processing, advanced batteries, biotechnology and water treatment. Calix’s patented core technology platform delivers efficienct indirect heating of raw materials to enable electrification of industries, efficient capture of unavoidable emissions, and green industrial processing solutions. Its flash heating approach can also produce unique nanoporous materials with enhanced chemical and/or bio-activity.

Leveraging its core technology platform and a global network of research and development collaborations, Calix is urgently developing multiple environmental businesses that deliver positive global impact. Because there’s only one Earth, and it’s already ours. Because there’s only one Earth – Mars is for Quitters.

Twitter: @CalixLimited Youtube: @CalixLimited

About Wildfire Energy:

Wildfire Energy’s vision is to eliminate landfill by turning residual wastes into renewable energy and hydrogen. Global solid waste generation is over 2 billion tonnes annually and landfills are responsible for over 5% of global greenhouse gas emissions. Wildfire Energy’s solution is called MIHG, a simple process which converts waste into electricity and hydrogen, with net negative carbon emissions. Wildfire Energy has developed modular plants which can be rapidly deployed and used to convert biomass and waste into renewable energy products at low cost. This makes Wildfire Energy’s solutions ideally suited for industrial decarbonisation and improving waste management in outer urban, regional and remote communities, where landfill is currently the only option.

Press release in pdf form:

Wildfire Energy Press Release 29072023
Download PDF • 175KB


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