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Clean TeQ Water Ltd ( (AU:CNQ) ) has shared an update.
Clean TeQ Water reported one of its busiest quarters, driven by execution of previously secured contracts and strengthening cash flow. The company was awarded a A$10.4 million Phase 2 DESALX contract with Nyrstar in Belgium, reached practical completion of its CLEAN-IX uranium system at Heathgate’s Beverley site, advanced commissioning of a PHOSPHIX plant in Europe, and progressed engineering work on the Sunrise Syerston Scandium Project and Rio Tinto’s Rincon Lithium Project.
Its Go2Lithium joint venture delivered strong cDLE pilot results on Middle Eastern brines, while design began on a HIROX pilot for NESR in the region, bolstering its presence in key growth markets. Quarterly customer receipts rose to A$4.4 million, net operating cash flow turned positive at A$1.1 million, and cash reserves increased to A$6.8 million, signalling improved financial momentum as MBIX-based technologies gain traction across uranium, lithium, scandium and industrial wastewater applications.
More about Clean TeQ Water Ltd
Clean TeQ Water Limited is an Australian water technology company that applies its proprietary Moving Bed Ion Exchange (MBIX) platform to industrial wastewater treatment, mine water management and critical minerals processing. Its branded solutions, including DESALX, PHOSPHIX, HIROX, CLEAN-IX and cDLE, target markets shaped by tighter environmental regulation, growing water scarcity and the global energy transition.
Average Trading Volume: 89,785
Technical Sentiment Signal: Buy
Current Market Cap: A$35.38M
Find detailed analytics on CNQ stock on TipRanks’ Stock Analysis page.

