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An update from Clean TeQ Water Ltd ( (AU:CNQ) ) is now available.
Clean TeQ Water has completed performance testing and commissioning of its CLEAN-IX® U-Column uranium processing plant for Heathgate Resources in South Australia, confirming that the system met or exceeded targets for higher uranium grades and purity, lower water consumption and greater operational efficiency. The project moves the company’s Moving Bed Ion Exchange technology from engineering into full-scale operations at a leading in-situ recovery uranium mine, demonstrating strong environmental performance and compatibility with ISR methods.
The installation provides Clean TeQ Water with a high-profile reference site in the uranium sector and showcases the flexibility of its MBIX platform, which can be adapted for other critical metals such as rare earths, base metals and lithium. By delivering a scalable, water-efficient processing solution at a time of rising electricity demand and strategic focus on secure uranium supply, the company strengthens its positioning in clean energy supply chains and opens the door to further uranium processing opportunities in Australia and abroad.
The most recent analyst rating on (AU:CNQ) stock is a Sell with a A$0.35 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 metallurgical technology company specialising in ion exchange systems for resource recovery and industrial process streams. Its proprietary Moving Bed Ion Exchange platform underpins the CLEAN-IX® range, targeting uranium and other critical metals, with a focus on improving efficiency and reducing water use for mining and processing clients.
Average Trading Volume: 104,289
Technical Sentiment Signal: Buy
Current Market Cap: A$30.07M
See more insights into CNQ stock on TipRanks’ Stock Analysis page.

