BQE Water JV Wins 3-Year Mine Water Treatment Contract at Nunavik Nickel

BQE Water ( (TSE:BQE) ) just unveiled an announcement.

BQE Water and Nuvumiut Development, a joint venture registered with Inuit land claims organization Makivvik, have signed a three-year deal with Canadian Royalties Inc. to operate mine water treatment plants at the Nunavik Nickel Project in northern Quebec. The contract covers seasonal operation of five treatment systems from roughly May to October, reinforcing local water stewardship efforts for Inuit communities in Salluit and Kangiqsujuaq while deepening BQE Water’s operational footprint and core expertise in mine water treatment across Eastern Canada, particularly in Quebec.

The agreement strengthens BQE Water’s role in environmentally focused partnerships and positions the company as a key player in mine water management at a producing copper and nickel operation. For Canadian Royalties and local stakeholders, the arrangement is intended to support environmental protection around the Nunavik Nickel mines and concentrator, aligning industrial activity with community priorities around clean water and long-term regional development.

The most recent analyst rating on (TSE:BQE) stock is a Buy with a C$90.00 price target. To see the full list of analyst forecasts on BQE Water stock, see the TSE:BQE Stock Forecast page.

More about BQE Water

BQE Water is a Vancouver-based service provider specializing in water treatment and management for the metals mining, smelting and refining industries. The company focuses on enabling more sustainable water practices at natural resource projects and has commercialized proprietary treatment technologies used at mine sites worldwide, serving major clients such as Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA.

Average Trading Volume: 996

Technical Sentiment Signal: Buy

Current Market Cap: C$82.77M

See more data about BQE stock on TipRanks’ Stock Analysis page.