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Clean TeQ Water Limited (ASX:CNQ)

ALERT: Price-sensitive ASX Announcement for CNQ
Current share price for CNQ : $0.710 0.22 (44.90%)+
Announcement
Release
27 Jul 2026 12:20PM
Price at Release
$0.490
Full Release
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Summary
Clean TeQ Water Limited, an Australian company, reported significant progress in their projects during the June 2026 quarter. Their revenue increased by 45% from the previous quarter, with receipts totaling $6.4 million. The company continued to advance its projects globally, including the completion of a €7 million phosphate removal plant in Ireland and progress in the DESALX® wastewater treatment system in Belgium. The ATA® Tailings Dewatering Plant at Rasp Mine in Broken Hill was awarded, marking a significant step forward. The company also reported a strong cash position of $8.7 million and net operating cash flows of $1.75 million. The report highlights Clean TeQ's strategic focus on securing contracts that generate long-term recurring revenue and leveraging its proprietary technologies across critical minerals and water treatment sectors.
Key Points
  • Revenue increased by 45% from the prior quarter.
  • Completed a phosphate removal plant in Ireland.
  • Progressed DESALX® system in Belgium.
  • Awarded ATA® Tailings Dewatering Plant contract in Broken Hill.
  • Strong cash position of $8.7 million.
  • Net operating cash flows were $1.75 million.
  • Focus on long-term recurring revenue from proprietary technologies.
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.