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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 (0%)+
Announcement
Release
28 Jul 2026 9:48AM
Price at Release
$0.495
Full Release
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Summary
Clean TeQ Water Limited has successfully delivered its first commercial PHOSPHIX® phosphate removal plant in Europe, marking a significant milestone in their technology deployment. The project, completed in partnership with Enva in Ireland, operates as an advanced moving bed ion exchange system designed to efficiently reduce phosphate levels below contractual requirements. The system achieved exceptional performance, reducing phosphate concentrations to a tenth of the permitted limit while exceeding hydraulic capacity expectations. This installation not only serves as a critical commercial reference for Clean TeQ's technology in Europe but also aligns with the tightening European wastewater discharge regulations, paving the way for further growth opportunities across industrial and municipal sectors.
Key Points
  • Successful completion of the first commercial PHOSPHIX® plant in Europe.
  • Partnership with Enva in Ireland to address phosphate removal from industrial wastewater.
  • Phosphate concentration reduced to below 0.1 mg/L, tenfold better than required.
  • Exceeded designed hydraulic throughput.
  • The plant operates at 99% water recovery with no liquid brine production.
  • The transition from lab development to full-scale operation.
  • Positions Clean TeQ for growth in the European market with a proven reference plant.
  • Strengthened capabilities in delivering complex ion exchange treatment plants.
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.