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Clean TeQ Water Limited (ASX:CNQ)

ALERT: Price-sensitive ASX Announcement for CNQ
Current share price for CNQ : $0.445 0.065 (17.11%)+
Announcement
Release
29 Apr 2026 1:52PM
Price at Release
$0.380
Full Release
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Summary
Clean TeQ Water Limited reported significant progress in its March 2026 Quarterly Activities Report, highlighting the award of a $10.4 million contract for a DESALX® wastewater treatment system in Belgium and the completion of a CLEAN-IX® system at a uranium facility in Australia. The company advanced several projects, including a phosphate removal plant and a tailing dewatering plant, along with continued work on the Syerston Scandium Project. Financially, the company saw an increase in receipts to $4.4 million and positive net operating cash flows, ending the quarter with $6.8 million in cash reserves.
Key Points
  • Awarded a $10.4 million Phase 2 execution contract for DESALX® wastewater treatment system in Belgium.
  • Achieved practical completion of CLEAN-IX® U-Column system at Heathgate Resources’ Beverley uranium facility.
  • Progress on PHOSPHIX® phosphate removal plant advancing into commissioning phase.
  • Awarded a FEED contract for ATA® tailing dewatering plant for a new mining client.
  • Continued progress on engineering contract for Syerston Scandium Project.
  • Successful results from cDLE® technology deployment in the Middle East by Go2Lithium.
  • Received $4.4 million in customer receipts during the quarter.
  • Positive net operating cash flows of $1.1 million.
  • Cash reserves increased to $6.8 million as at 31 March 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.