Fresh water is the Earth’s most essential commodity. Population growth, the environmental challenges associated with urbanisation, economic development, and climate change are driving the water treatment market to become one of the largest and fastest growing industries in the world. In addition to these challenges, stricter regulation on water effluent quality is being driven by increased public concerns on the effect of micropollutants. These trends are driving demand for innovative water technology solutions.
Clean TeQ Water is well placed to capitalize on these market conditions with its deep expertise and unique portfolio of innovative technologies. Our technologies, which include continuous ion exchange solutions for targeted removal of pollutants, encapsulated bacteria for enhanced biological treatment, and new graphenebased membranes, offer fundamentally new ways to treat water that address some pressing challenges in today’s global water sector. With the successful delivery of several commercial sized treatment plants, we have proven the benefits our technology can bring to customers.
Multi Billion Dollar Markets
Clean TeQ Water currently targets three main multi-billion dollar markets: municipal re-use, industrial brines and mining wastewater. The projects we have delivered to date indicate the market acceptance and potential of the technologies. We are now at the starting point of our growth path and the signing of three additional contracts since January this year gives us confidence as we compete for multiple additional projects in the market
With technology as our core, we are developing new solutions to introduce to the market over the next 1-2 years. Most prominent among these is the graphene oxide nanofiltration membrane which will compete in the $5 billion global membrane market. Another example is our BIONEX technology, used for nitrate removal, which we are currently implementing at commercial scale in China. This solution combines our continuous ion exchange process, CIF®, and encapsulated bacteria, BIOCLENS®, in a unique combination that is highly effective for dealing with the global nitrate water pollution problem.
Our strategy for growth is to apply our technologies in markets where we have an established presence (Australia, China and Africa), and enter new markets where our technical solutions are urgently needed. Our portfolio approach to technology is intentional as it allows for the implementation of integrated solutions to deliver value propositions to our customers. It also creates substantial internal synergies in the development, design, and delivery of projects. Our diverse portfolio of solutions broadens and enhances our ability to serve the market and enables us to rapidly react to changes in regulation or customer preferences.
Scalable Business Model
Finally, a word about our business model. New water treatment solutions need working installations and happy end-users to grow. Our current focus is to sell integrated technology solutions. As we grow our installed project base, we will seek to expand our consumables business most prominently through the sales of resins, membranes and BIOCLENS. We will address other models of implementation such as ‘build, own and operate’ (BOO) on a case-by-case basis.
Clean TeQ Water (ASX:CNQ), is an ASX-listed company, recognised as one of Australia’s most innovative companies in the water treatment and resource recovery space.
Clean TeQ Water provides innovative metals recovery and water treatment solutions for governments and companies. Our technology solutions include desalination, nutrient removal, zero liquid discharge and hardness removal. Our sectors of focus include municipal wastewater, surface water, industrial wastewater and mining process water. Clean TeQ Water has offices and laboratories in Melbourne, Beijing and Tianjin. We provide turnkey metals recovery and water treatment plants everywhere in the world.
Clean TeQ Water Limited listed on the Australian Securities Exchange (ASX) on 02 July 2021.
Clean TeQ Water trades under the ticker code: CNQ.
All shares listed on the ASX can be bought or sold through a broker or online trading platform. A stockbroker acts as your agent to buy or sell shares on your behalf, for which a fee is charged. A broker can also provide a range of services including the provision of advice on which shares to buy or sell.
For more information on how to find the right broker or trading platform, visit the ASX website at www.asx.com.au.
The minimum amount of shares under ASX listing rules is $500 worth of shares. EQ Resources suggests that individuals discuss the purchase of any shares with a financial advisor or broker to determine what the optimal number to buy would be considering the budget and personal factors.
Clean TeQ Water’s fiscal year runs from July 1 to June 30.
Computershare is Clean TeQ Water’s share registrar.
Should you require information regarding your shareholding, please contact Computershare via phone or web:
1300 850 505 (within Australia)
+61 (0)3 9415 4000 (International)