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Clean TeQ Water Ltd ( (AU:CNQ) ) has issued an announcement.
Clean TeQ Water Limited reported significant progress in Q2 FY25 with the award of an $11 million contract for a PHOSPHIX® phosphate removal plant in Ireland, marking the largest project in its history. The company successfully delivered several projects, including a BIOCLENS® nitrate removal plant in Australia, and achieved breakthroughs in pilot testing for sulphate and selenium removal in Europe. These developments underscore Clean TeQ’s growing reputation as a leader in sustainable water treatment solutions and position the company to capitalize on emerging regulatory frameworks and market demands.
More about Clean TeQ Water Ltd
Clean TeQ Water Limited operates in the water treatment and resource recovery industry, offering innovative solutions for water treatment, critical metal recovery, and renewable energy. The company focuses on addressing environmental challenges through advanced technologies in nutrient remediation and sustainable lithium recovery.
YTD Price Performance: -18.75%
Average Trading Volume: 43,141
Technical Sentiment Consensus Rating: Buy
For an in-depth examination of CNQ stock, go to TipRanks’ Stock Analysis page.