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Clean TeQ Water Ltd ( (AU:CNQ) ) has provided an announcement.
Clean TeQ Water Limited has advanced its HIROX® technology with a pilot deployment in collaboration with National Energy Services Reunited Corp (NESR) in the Middle East. This pilot, part of NESR’s broader program to assess wastewater treatment solutions, aims to demonstrate HIROX®’s commercial scalability and suitability for complex industrial wastewaters, particularly in high-salinity environments. The deployment is strategically significant for Clean TeQ’s market entry and technology validation in the MENA region, although it is not expected to materially impact the company’s financial position.
The most recent analyst rating on (AU:CNQ) stock is a Hold with a A$0.50 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, headquartered in Melbourne, Australia, is a global technology leader specializing in providing economic and environmentally sustainable solutions for freshwater scarcity, mine tailings, and metal recovery. The company focuses on water and wastewater recycling, lithium production, and the remining and rehabilitation of mine tailings, with operations and partnerships in various global locations.
Average Trading Volume: 120,671
Technical Sentiment Signal: Buy
Current Market Cap: A$31.35M
See more insights into CNQ stock on TipRanks’ Stock Analysis page.