Green360 Technologies Limited (ASX:GT3): MKX Supply Agreement Expands Commercial Distribution

Aditi Sarkar

15 October 2026 09:27 PM AEDT

Green360 Technologies Limited (ASX:GT3): MKX Supply Agreement Expands Commercial Distribution

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Highlights

Green360 has entered a binding agreement to supply its MKX cement material to Eifers Civil.
The initial supply period is 12 months, with a maximum quantity of 4,800 tonnes.
The agreed delivered price is A$250 per tonne, making A$1.2 million a maximum revenue estimate rather than a commitment.
The company links the arrangement to its existing MKX commercial supply activity and local calcining capacity.
Technical compliance and actual customer orders remain central to realised sales.

Green360 Technologies Limited (ASX:GT3) is an Australian building materials company developing lower-carbon cement alternatives and supplying kaolin products for industrial applications. Its latest commercial development is a binding agreement to supply the metakaolin-based product MKX to Eifers Civil in Victoria, extending the company’s disclosed arrangements for the Australian concrete market.

What the Eifers Agreement Covers

On 15 October 2026, Green360 Technologies Limited (ASX:GT3) announced that its subsidiary Suvo Minerals Australia Pty Ltd would supply MKX to Eifers Civil Pty Ltd. Deliveries are designated for Eifers’ facility near Melbourne Airport. The initial agreement runs for 12 months and provides for purchases of up to 4,800 tonnes at A$250 per tonne delivered.

At the maximum stated volume, the contracted price equates to A$1.2 million in potential sales. That amount is not assured revenue: the announcement does not establish a minimum purchase quantity or provide a delivery schedule. Actual revenue attributable to ASX:GT3 will depend on orders placed, product meeting contractual requirements and material delivered.

How MKX Fits the Materials Strategy

MKX is described by Green360 as a metakaolin supplementary cementitious material for concrete. The company states that it can replace up to 40 per cent of Portland cement in certain concrete applications. This represents a product capability claim, not a quantified emissions reduction for the Eifers contract or proof that every concrete mix can use that proportion.

According to the company’s business information, its kaolin operations at Pittong in Victoria supply industrial mineral products and are connected to its lower-carbon cement development programme. In its 2026 disclosure, Green360 Technologies Limited (ASX:GT3) identified the Bacchus Marsh calcining facility operated by Calix as the processing location for kaolin used in MKX. The company has described access to up to 30,000 tonnes per annum of calcining capacity.

Commercial Volumes and Contract Boundaries

Green360 Technologies Limited (ASX:GT3) said its agreement with Eifers and an existing arrangement with Holcim together cover up to 9,600 tonnes. It presented this combined ceiling as 32 per cent of a 30,000-tonne-per-annum market creation target. These figures measure maximum quantities under disclosed arrangements, rather than completed sales or committed customer demand.

The Eifers agreement is binding but subject to technical compliance standards and industry-standard termination rights. The company did not specify an agreed date for first supply, expected monthly shipments, contract operating costs or anticipated margins. Consequently, neither the profit contribution nor the timing of receipts can be established from this announcement.

Operational Considerations

Commercial supply requires reliable feedstock processing, quality control, logistics and customer acceptance. Green360 Technologies Limited (ASX:GT3) has not published a minimum offtake obligation in the cited announcement, leaving the purchase profile dependent on Eifers’ requirements. The fixed delivered selling price also does not establish the company’s profit on each tonne because production and transport costs are not provided.

The announcement names MKX in its main description and also refers to MKC-CC in its commercial terms. Without a formal reconciliation in the disclosure, those descriptions should not be treated as evidence of different contracted products. Subsequent operational updates may clarify volumes actually supplied and the commercial significance of the agreement.

Key Insights

The Eifers contract adds a disclosed commercial channel for Green360 Technologies Limited (ASX:GT3) and sets out a defined initial term, ceiling volume and delivered unit price. Its principal limitation is the difference between permitted purchases and realised sales. The 2026 agreement provides evidence of an additional customer relationship, while volume uptake and financial contribution remain unquantified.

FAQs

Q: What is MKX?

A:MKX is Green360’s metakaolin-based supplementary cementitious material intended for use in concrete.

Q: How long does the Eifers agreement last?

A:Its initial supply period is 12 months.

Q: Is the A$1.2 million revenue amount guaranteed?

A:No. It assumes the maximum 4,800 tonnes are ordered and delivered at A$250 per tonne.

Q: Where will MKX be delivered?

A:The stated destination is Eifers Civil’s facility near Melbourne Airport.

Q: What limits the certainty of the agreement’s financial effect?

A:The announcement does not disclose minimum orders, a delivery schedule, costs or margins.

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