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Clean TeQ Water Ltd ( (AU:CNQ) ) has issued an update.
In the December 2025 quarter, Clean TeQ Water reported strong operational momentum, highlighted by a US$12.5 million MBIX contract for Rio Tinto’s Rincon Lithium Project in Argentina, new engineering mandates for scandium production with Sunrise Energy Metals and tailings dewatering in New South Wales, and further international expansion via a HIROX® pilot in the Middle East and commissioning of a PHOSPHIX® nutrient removal plant in Ireland. The company advanced key technologies across lithium, uranium and wastewater projects, completed detailed design for a DESALX® system in Europe, progressed its Go2Lithium cDLE® demonstration plant in the Middle East, and strengthened its balance sheet with a $6 million capital raise, full repayment of a $1 million loan, and cash reserves of $5.6 million, underscoring its transition from pilot-scale to repeatable commercial deployments and reinforcing its positioning in water treatment and critical minerals processing markets.
The most recent analyst rating on (AU:CNQ) stock is a Hold with a A$0.34 price target. To see the full list of analyst forecasts on Clean TeQ Water Ltd stock, see the AU:CNQ Stock Forecast page.
More about Clean TeQ Water Ltd
Clean TeQ Water Limited is an Australian water treatment and critical minerals processing technology company that deploys its proprietary Moving Bed Ion Exchange (MBIX) platform and related systems, including DESALX®, PHOSPHIX®, HIROX®, BIONEX™, cDLE® and CLEAN-IX®, across municipal water reuse, industrial wastewater, mine water management and critical mineral extraction such as lithium, uranium, scandium and rare earths. The company operates globally, with projects in Europe, the Middle East, Latin America and Australia, targeting markets shaped by tightening environmental regulation, water scarcity and the energy transition.
Average Trading Volume: 123,321
Technical Sentiment Signal: Buy
Current Market Cap: A$36.26M
For an in-depth examination of CNQ stock, go to TipRanks’ Overview page.