- Business
- BQE Water Inc. (TSXV: BQE), headquartered in Vancouver, Canada, and founded in 1998, provides integrated water treatment and management services to the mining, smelting, and refining industries worldwide; the company specializes in treating mine-impacted waters including drainage, run-off, waste rock seepage, tailings water, and groundwater for contaminants such as metals, sulfates, selenium, nitrates, ammonia, and cyanide. Its proprietary technologies encompass BioSulphide and ChemSulphide for metals removal; Met-IX for ultra-low metals discharge and recovery; Sulf-IX and Sulf-IXC for sulfate and hardness reduction; Selen-IX for selenium removal; and SART for cyanide detoxification and recycling in gold processing; BQE Water also delivers technical services such as engineering design, lab testing, field piloting, plant commissioning, and operational support across the mine lifecycle from permitting to closure. The company operates through joint ventures including 50% ownership in JCC-BQE (Jiangxi Copper joint venture operating treatment plants at Dexing and Yinshan Mines in China), 20% in MWT-BQE (Shandong province smelter wastewater treatment), and partnerships at sites like Glencore's Raglan Mine in Quebec, WesTech ash pond in the eastern USA, and base metal projects in the southwestern USA; it serves clients in Canada, the United States, Latin America (Brazil, Chile, Mexico), China, and Africa with recurring revenue from plant operations, recovered metals sales (copper, zinc), water treatment fees, and support services. Recent developments include commissioning a new Selen-IX plant at Coeur Mining's Wharf Mine in South Dakota, USA, in record time during Q3 2025, enabling selenium removal to below 5 ppb; completing a SART plant for Shandong Gold in China, generating new recurring operations revenue in Q4 2025; providing emergency water treatment at Eagle Gold Mine in Yukon following a 2025 heap leach failure, with phase one completion anticipated by mid-Q1 2026; advancing into aquatic toxicology services through 2025 investments in lab facilities and talent; and optimizing organizational structure for growth amid record nine-month technical services revenue of $22.6 million through September 2025.