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Clean TeQ Water Limited (ASX:CNQ)
ALERT: Price-sensitive ASX Announcement for CNQ
Current share price for CNQ : $0.495 0.08 (19.28%)+
Announcement
Release
17 Jul 2026 2:54PM
Price at Release
$0.415
Full Release
Summary
Clean TeQ Water Limited has announced a long-term Polymer Supply Agreement with Broken Hill Operations Pty Ltd for the supply of proprietary ATA® reagents and the licensing of ATA® technology at the Rasp Mine in Australia. The agreement, which has an initial term of five years and is renewable for up to 20 years, represents Clean TeQ Water's first long-term recurring revenue stream from its ATA® technology. This technology enables efficient dewatering of mine tailings, reducing moisture content and improving environmental outcomes. The agreement highlights Clean TeQ Water's strategic role in advancing safer and more sustainable tailings management practices in the mining industry.
Key Points
- Long-term Polymer Supply Agreement with Broken Hill Operations Pty Ltd.
- Commencement dependent on successful completion of the ATA® Tailings Dewatering Plant.
- Agreement includes supply of ATA® reagents and technology licensing.
- Initial five-year term, renewable up to 20 years.
- ATA® technology provides efficient dewatering of mine tailings.
- Strategic importance in establishing recurring revenue streams.
- Environmental benefits and enhanced tailings management.
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.
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