Clean TeQ Water is Pleased to Release its 2026 Annual Report
27 October 2026
FY26 marked a new phase of commercial execution for Clean TeQ Water, with proven technologies advancing through larger-scale deployments, operating reference sites and new pathways to recurring revenue.
During the year, we advanced our proprietary MBIX and ATA® platforms across fresh water, critical minerals and mine tailings, securing major contracts, delivering commercial operating references and progressing our first full-scale ATA® deployment.
With improving financial performance and a growing commercial reference base, our focus for FY27 is on executing projects underway, converting operating references into follow-on opportunities and building scalable revenue streams.
Key Takeaways
Improved Financial Performance
Increased total revenue by 71% to A$19.7 million and achieved positive operating cash flow of A$0.3 million, with year-end cash and deposits of A$8.7 million.
Major Lithium Contract
Secured a contract exceeding A$19 million for Rio Tinto’s Rincon lithium project in Argentina, one of Clean TeQ’s largest awards and its first major South American project.
Full-Scale Uranium Recovery
Brought Heathgate Resources’ CLEAN-IX® U-Column plant to Practical Completion and full operational deployment in South Australia, with performance testing meeting or exceeding key uranium recovery criteria.
European Water Milestones
Completed the first full-scale PHOSPHIX® plant in Ireland, achieving phosphate below 0.1 mg/L; and secured a ~A$10.4 million contract for full-scale DESALX® delivery at Nyrstar in Belgium.
ATA® Commercial Deployment
Secured the first commercial ATA® tailings dewatering plant contract at Rasp Mine, followed after year-end by a long-term licence and polymer supply agreement establishing recurring revenue.
NematiQ Graphene Progress
Selected as an XPRIZE Water Scarcity semifinalist with Monash University for graphene-enhanced reverse osmosis, following qualification testing that achieved 99.6% salt rejection and met WHO drinking-water guidelines.