December 2021 Quarterly Report Released
31 January 2021
Clean TeQ Water is pleased to provide an update on our activities for the quarter ending 31 December 2021.
Highlights for this Quarter Include
- Growing quarterly cash receipts of A$3.8 million up from $1.6 million in the previous quarter
- Distribution agreement with National Energy Services Reunite Corp (“NESR”) in the Middle East and North Africa
- Exclusive distribution agreement signed with Chinese industry leader MCC Energy Conservation and Environmental Protection (“MCC Environment”)
- Steady progress across projects under implementation
- NematiQ producing Graphene Membranes in 1812 cartridge format with field trials expected to commence in Q1 2022
- Significant activities planned for the current quarter including final commissioning of the Oman and Ordos projects, advanced commercial discussions on potential projects after pilots, and further inroads into commercial application of metal recovery capabilities
”This quarter has seen substantial focus on implementation of our existing contracts as reflected by the increase in our total cash receipts. Our total revenues collected in the first 6 months of the year already exceeds the maximum annual revenues our water business has generated in any previous year.
Willem VriesendorpCEO, Clean TeQ Water
