Clean TeQ Water Signs Additional Breakthrough Contract with Multotec in Africa

Mr Robert Friedland and Mr Jiang Zhaobai, Co-Chairmen of Clean TeQ Holdings Limited (Clean TeQ or Company) (CLQ:ASX; CLQ:TSX; CTEQF:OTCQX), and Mr Sam Riggall, Chief Executive Officer, today announced that Clean TeQ, through its wholly owned subsidiary Clean TeQ Water Pty Ltd, has entered into an agreement to design, supply and commission a metals processing plant using Clean TeQ’s proprietary Continuous Ion Exchange processing technology. The project, with an overall value in excess of A$2 million, confirms the rapidly increasing global interest in the application of Clean TeQ’s Continuous Ion Exchange technology for metallurgical processing and water purification. CEO Sam Riggall commented, “Clean TeQ is making excellent progress in commercializing our suite of mineral processing and water purification technologies. We are delighted to have been selected to provide this solution, which we expect will offer another valuable reference for the efficacy and cost effectiveness of our processes. The potential market for our technology is enormous – this is only the beginning.”

Project Background

The plant is to be installed at a metals processing plant in the Democratic Republic of Congo. The project is being delivered to Clean TeQ’s South African based partner Multotec Process Equipment (Pty) Limited (Multotec). Multotec is a leading provider of high-quality mineral processing equipment and solutions to the mining, mineral processing, petrochemical and power generation industries. Clean TeQ has an exclusive Technology Distribution Agreement with Multotec for the African continent. The Technology Distribution Agreement establishes the commercial framework under which Clean TeQ will sell its technology products and services to Multotec so that Multotec can act as exclusive distributor for Clean TeQ in all countries in the continent of Africa. The Distribution Agreement provides Clean TeQ with the ability to leverage Multotec’s strong established presence and extensive sales and service network in the global mineral processing industry. For further details regarding the Multotec Technology Distribution Agreement, see the ASX announcement of 24 May 2017.

In the project, Clean TeQ will use its Continuous Resin-In-Column (cLX) Ion Exchange technology to treat up to 20 million litres-per-day of a raffinate stream, removing contaminant metals and improving the quality and environmental rank of the raffinate, prior to further processing.

Clean TeQ awarded contract to supply DeSALx® technology for mine water treatment plant

Mr Robert Friedland and Mr Jiang Zhaobai, Co-Chairmen of Clean TeQ Holdings Limited (Clean TeQ or Company) (CLQ:ASX; CTEQF:OTCQX), and Mr Sam Riggall, Chief Executive Officer, today announced that Clean TeQ, through its wholly-owned subsidiary Clean TeQ Water Pty Ltd, has entered into a landmark agreement with Fosterville Gold Mine Pty Ltd (Fosterville) to design, supply and commission a two million litre-per-day Clean TeQ DeSALx® mine water treatment plant. The award of the contract follows a period of extensive due diligence and test work conducted by Fosterville to validate the efficacy of Clean TeQ’s DeSALx® system for the treatment of mining process waters. The value of the contract is $3.5 million and serves as a significant milestone for the Clean TeQ Water division. Sustainable water management is becoming critically important in the mining industry as environmental regulations are tightened globally and water scarcity increases. The Fosterville water treatment plant is an important reference project for Clean TeQ’s DeSALx® technology, which is expected to add significant momentum to the growing pipeline of Clean TeQ Water projects.

Project Location

Fosterville operates the Fosterville Gold Mine near Bendigo, around three hours drive north-west of Melbourne. During the mining process, groundwater is produced which is currently stored at the surface in limited capacity dams on the mine site. To create a more sustainable water management strategy, Fosterville approached Clean TeQ to provide a system that will treat the mine water to match the quality of the region’s underlying aquifer. Fosterville can then use managed aquifer injection (MAI) to return the water to its natural source, or alternatively, use the treated water from the Clean TeQ plant for further treatment and subsequent recycling and re-use of the water.

The DeSALx® Technology

The Fosterville water treatment plant comprises an integrated precipitation and continuous ionic filtration process (DeSALx®). The precipitation process removes arsenic and antimony from the water as a coprecipitate. The water is then treated by the DeSALx® process to remove hardness, sulphate, and other dissolved metals. DeSALx® technology is ideal for complex mine wastewater treatment. The DeSALx® process can be used as a standalone or as a pretreatment for membrane-based water treatment systems. As the DeSALx® by-product is gypsum-based, it is compatible with Fosterville’s currently established lime treatment facility and provides a zero-brine water treatment solution. Design of the Fosterville water treatment plant is already underway, with equipment supply, installation and commissioning all scheduled for 2018. Clean TeQ Water is actively engaged with several mining companies globally in testing our unique continuous ion exchange systems for the treatment of process water treatment for recycling or environmental discharge.

CLQ awarded contract for CIF WWTP in Oman

Melbourne, Australia – Sam Riggall, Managing Director, today announced that Clean TeQ, via
its wholly owned subsidiary Clean TeQ Water Pty Ltd, has been awarded a significant contract
by Multotec Process Equipment Pty Ltd (Multotec) to design, procure and commission a Clean
TeQ proprietary Continuous Ionic Filtration (CIF®) wastewater treatment solution at a minerals
processing plant currently being constructed in Oman.

The CIF®
waste water treatment plant will treat waste water from a flue gas desulphurisation scrubber at
a minerals processing plant at Port of Sohar Free Zone, Sultanate of Oman. The technology
uses Clean TeQ’s proprietary Continuous Ionic Filtration technology to remove toxic pollutants
and in particular sulphate, antimony and arsenic from the wastewater stream. The Clean TeQ
solution is being provided to Multotec as an equipment design and supply package. Multotec is
the principal contractor with overall responsibility for delivering the wastewater management
systems for the mineral processing facility.