Clean TeQ Water Ltd
0.57
AUD
-0.01
(-2.56%)
Clean TeQ Water Ltd
ASX:CNQ
(Australian Securities Exchange)
Recent
price
0.57
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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- Business
- Clean TeQ Water Limited (ASX:CNQ), headquartered in Mount Waverley, Australia, and founded in 2021, provides innovative metals recovery and water treatment solutions to governments and industrial clients worldwide; its core technologies encompass CLEAN-IX Moving Bed Ion Exchange (MBIX) for selective contaminant removal including hardness, ammonia, arsenic, boron, sulphate, uranium and phosphate via PHOSPHIX; Continuous Ionic Filtration (CIF); DESALX membrane-free desalination; HIROX ultra-high recovery reverse osmosis; BIOCLENS encapsulated bacteria and BIONEX for nutrient removal; U-Column enhanced desorption; EVAPX low-energy evaporation and crystallization; ATA tailings dewatering; and cDLE continuous direct lithium extraction through its Go2Lithium joint venture, serving sectors such as municipal wastewater reuse, industrial manufacturing, mining and metal recovery, groundwater desalination, oil and gas produced water, agriculture and aquaculture with operations spanning Australia (Melbourne, Perth, Darwin), China (Beijing, Tianjin), Europe (Netherlands), the Middle East, Africa and Latin America. The company recently secures a US$12.5 million (A$19 million) engineering, procurement and supply contract in November 2025 with Rio Tinto subsidiary Rigi-Rincon Mining for a lithium concentrate softening plant at the Rincon Lithium Project in Argentina utilizing CLEAN-IX MBIX technology, marking its largest contract to date and first major South American project; it also progresses a €7 million (A$11 million) PHOSPHIX phosphate removal plant contract with partner Enva in Ireland awarded in November 2024 featuring 99% water recovery; completes practical handover of the A$10 million 15 MLD Townsville City Council water recycling facility; finalizes detailed design for Nyrstar's A$8 million DESALX sulphate and selenium removal plant in Europe; advances U-Column desorption commissioning at Heathgate Resources' uranium facility; deploys initial cDLE demonstration plant in the Middle East; and expands ATA tailings pilots in South Africa while developing PFAS-specific graphene membranes with Middle East commercialization discussions.
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