Clean TeQ Water Ends LithiumBank Partnership, Plans New Deployments

Clean TeQ Water Ltd ( (AU:CNQ) ) has issued an announcement.

Clean TeQ Water Limited announced the termination of its agreements with LithiumBank Resources Corp. regarding the deployment of its lithium extraction technology through Go2Lithium Inc. The mutual decision to end the partnership reflects a strategic realignment for both companies to pursue independent opportunities. Despite the termination, Clean TeQ continues to hold a 60% interest in Go2Lithium, which retains the exclusive global license for the cDLE® technology. The company is advancing plans to redeploy its pilot plant to new project sites, aiming to accelerate the global adoption of its technology. Clean TeQ’s CEO highlighted the strategic refinement as a response to market conditions, emphasizing the long-term demand for high-efficiency extraction solutions.

More about Clean TeQ Water Ltd

Clean TeQ Water Limited operates in the water treatment industry, focusing on innovative solutions for lithium extraction. The company is primarily involved in the development and commercialization of its continuous Direct Lithium Extraction (cDLE®) technology, targeting the growing demand for efficient lithium brine extraction methods.

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