G360 Secures Binding MKX Supply Agreement with Eifers Civil
Released
Released
Announcement PDF
Green360 Technologies Ltd. ABN 97 140 316 463
Head Office: Level 1, 105 St Georges Tce, Perth, Western Australia 6000
Operations: 3610 Glenelg Highway, Pittong, Victoria 3360
ASX ANNOUNCEMENT
15 October 2026
G360 Secures Binding MKX Supply Agreement
with Eifers Civil
• Binding agreement to supply Eifers Civil with up to 4,800 tonnes of MKX-CC over an initial 12-
month period, at A$250 per tonne delivered.
• Together with Holcim, supply agreements, cover up to 9,600 tonnes across their respective initial
12 month terms, equivalent to 32% of G360’s 30,000-tonne-per-annum Calix market creation
target1.
• Agreement follows Eifers’ use of MKX in major infrastructure projects, including airport taxiway
pavement pours.
• Over 3,500 cubic metres of concrete containing MKX has now been poured in Melbourne
Infrastructure projects2
• This market-creation phase is occurring as the Australian concrete industry prepares for
increasing structural constraints in traditional supplementary cementitious material (SCM)
supply, including fly ash and blast furnace slag.
Green360 Technologies Limited (ASX:GT3) (“GT3” “G360” or “the Company”) is pleased to announce that it
has entered into a binding supply agreement with Eifers Civil Pty Ltd (“Eifers”) for the supply of MKX, the
Company’s proprietary metakaolin supplementary cementitious material.
The agreement covers up to 4,800 tonnes of MKX over an initial 12-month period at a fixed price of A$250
per tonne delivered.
Eifers has already incorporated MKX into concrete used in major infrastructure projects, including recently
completed airport taxiway pavement pours. The agreement builds on this experience and follows G360’s
previously announced binding supply agreement with global materials company Holcim4.
G360 Executive Chairman Aaron Banks said:
“Securing Eifers as our second commercial supply customer builds on the practical experience gained using
MKX in infrastructure projects. It is an important step in establishing repeat demand for a locally produced
alternative to traditional SCMs.
“As supplies of fly ash and slag become increasingly constrained, concrete producers are looking for
alternatives that can work within their existing operations. Our production arrangement with Calix allows us
to supply customers now and build the market ahead of investment in dedicated production.
“Our focus is on securing additional customers and growing sales, supported by the scoping study we expect
to release this quarter on purpose-built MKX production facilities.
Eifers Concrete Managing Director Dan Eifermann said:
“We’re excited to strengthen our partnership with G360 and take another significant step towards the next
generation of sustainable concrete in Australia. At Eifers, we’re committed to leading the adoption of
innovative, high-quality supplementary cementitious materials that deliver genuine reductions in embodied
carbon without compromising performance, quality or constructability.
Having already successfully incorporated MKX into concrete supplied to major Level Crossing Removal Projects
and completed airport pavement trials, we’ve demonstrated its potential in demanding infrastructure
applications. We’re also progressing trials incorporating MKX into our Ecofil lightweight cellular concrete
range, opening up further opportunities for sustainable construction solutions.
This agreement provides Eifers with access to a locally produced, high-quality SCM and puts us in a strong
position to expand our low-carbon concrete offering across major infrastructure and commercial projects. We
see calcined clay playing an increasingly important role in the future of Australian concrete, and we intend to
be at the forefront of that transition.”
Eifers concrete incorporating G360’s MKX calcined clay at Melbourne Airport Business Park, Level Crossing
Removal Project and a trial pavement pour at Melbourne Airport.
Material commercial terms
Under the binding agreement, G360’s subsidiary Suvo Minerals Australia Pty Ltd will supply up to 4,800
tonnes per annum of MKC-CC (Calcined Clay) delivered to Eifer’s facility near Melbourne Airport. The
Agreement is based on a fixed price of $250 per tonne and contains technical compliance standards. The
Company estimates the value of the contract to generate approximately $1.2 million of revenue for the initial
12 month supply period should Eifer’s purchase the maximum quantity of product under the Agreement. The
Agreement is binding on commercial supply terms with industry standard termination rights.
The sales value above assumes supply of the full 4,800 tonnes. Actual sales will depend on volumes ordered
and delivered under the agreement.
MKX market creation and commercialisation
G360’s commercialisation strategy is focused on developing the market for MKX ahead of the establishment
of larger-scale dedicated production capacity.
MKX is G360’s commercially produced metakaolin SCM, developed as an alternative to traditional
supplementary cementitious materials including fly ash and blast furnace slag. MKX can replace up to 40% of
Portland cement in concrete.
Kaolin from G360’s Pittong operations is currently calcined at Calix Limited’s Bacchus Marsh facility, providing
access to up to 30,000 tonnes per annum of calcining capacity in close proximity to the Melbourne concrete
market.
This capacity provides G360 with a platform from which to progressively develop demand, customer
relationships, specifications, logistics and real-world application experience before transitioning to larger-
scale dedicated production.
With more than 3,500m³ of MKX-containing concrete now placed, the market-creation program is generating
an increasingly substantial body of real-world experience across infrastructure and civil construction
applications.
G360 considers this phase important to the Company’s scale-up strategy: develop the market first, establish
repeatable demand and industry confidence, and then scale production capacity in response to that market.
This approach is intended to progressively de-risk future investment in dedicated production capacity by
allowing customer demand, product applications, specifications and supply-chain requirements to be
established through real-world commercial use
The Company remains focused on increasing commercial volumes through the existing market-creation
platform while progressing its longer-term strategy to establish MKX as a large-scale domestic SCM supply
option.
G360’s strategy is therefore centred on the convergence of two developments: the progressive establishment
of MKX through real-world commercial use, and the expected structural tightening in the availability of
traditional SCMs. The Company believes this provides an opportunity to develop MKX from an emerging
alternative SCM into a material component of Australia’s future concrete supply chain.
Approved for release by the Board
-ENDS-
For further information, please contact
Aaron Banks
Executive Chairman
E: aaron.banks@g360tech.au
P: +61 8 9389 4495
Join G360’s Interactive Investor Hub
Visit https://investorhub.g360tech.au/auth/signup to sign up and receive updates.
About Green360 Technologies Limited
Green360 Technologies (ASX:GT3) is an Australian-based building materials supplying Kaolin products to blue
chip customers in the concrete, paint, paper, adhesives, pharmaceuticals and cosmetics industry.
G360 was the first company to commercialise metakaolin (calcined kaolin) as a supplementary cementitious
material (SCM) in the Australian concrete market. The product, known under the platform of MKX, is a low
carbon partial cement replacement product which reduces the embodied carbon in concrete, the world’s second
largest cause of CO2 emissions.
The Australian concrete industry is facing an imminent supply shortage of existing SCMs (predominately fly ash,
blast furnace slag and silica fume) and MKX is strategically positioned to replace these products in the market.
Our objective is not simply to sell another SCM. It is to help build the next generation supply chain for the
concrete industry.
Forward-Looking Statements
This release may contain certain forward-looking statements with respect to matters including but not limited to
the financial condition, results of operations and business of GT3 and certain of the plans and objectives of GT3
with respect to these items. These forward-looking statements are not historical facts but rather are based on
GT3’s current expectations, estimates and projections about the industry in which GT3 operates and its beliefs
and assumptions.
Words such as “anticipates,” “considers,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates”,
“guidance” and similar expressions are intended to identify forward-looking statements and should be
considered an at-risk statement. Such statements are subject to certain risks and uncertainties, particularly those
risks or uncertainties inherent in the industry in which GT3 operates.
These statements are not guarantees of future performance and are subject to known and unknown risks,
uncertainties, and other factors, some of which are beyond the control of GT3, are difficult to predict and could
cause actual results to differ materially from those expressed or forecasted in the forward-looking statements.
Such risks include, but are not limited to, resource risk, product price volatility, currency fluctuations, increased
production costs and variances in product grade or recovery rates from those assumed in mining plans, as well as
political and operational risks in the countries and states in which we sell our product to, and government
regulation and judicial outcomes.
GT3 cautions shareholders and prospective shareholders not to place undue reliance on these forward-looking
statements, which reflect the view of GT3 only as of the date of this release. GT3 will not undertake any
obligation to release publicly any revisions or updates to these forward-looking statements except as required by
law or by any appropriate regulatory authority.
1
Refer ASX announcement 23 March 2026
2
Refer ASX announcement 14 September 2026
4
Refer ASX announcement 23 July 2026
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