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- Clean TeQ (CLQ) has been awarded a $2 million contract to design, install and deliver a Clean TeQ BIONEX water treatment plant in Mongolia
- BIONEX uses ion exchange resins to extract nitrate from wastewater streams into a highly concentrated, nitrogen-rich brine product
- This brine is then treated using the company’s BIOCLENS technology, which converts the nitrate into harmless nitrogen gas
- This plant will treat and remove nitrate from 12,000 cubic metres of coal mine pit per day
- Clean TeQ is down a slight 1.85 per cent on the market and shares are trading at 26.5 cents
Clean TeQ (CLQ) has been awarded a contract to design, install and deliver a Clean TeQ BIONEX water treatment plant in Mongolia.
BIONEX uses ion exchange resins to extract nitrate from wastewater streams into a highly concentrated, nitrogen-rich brine product.
This brine is then treated using the company’s BIOCLENS technology, which converts the nitrate into harmless nitrogen gas.
This plant will treat and remove nitrate from 12,000 cubic metres of coal mine pit per day.
The contract is valued at $2 million and was awarded to Clean TeQ’s Beijing subsidiary by Beijing Beihua Zhongqing Environment Engineering Technology.
“We have persisted for a long time to make inroads into the very large Chinese water treatment market,” Managing Director Sam Riggall said.
“As we move towards the proposed demerger of our water business later the year it is pleasing to see that we have achieved some initial success in that important market as we continue to make good progress on our goal of growing revenues,” he added.
This contract comes a day after the water treatment company secured a $1 million contract to upgrade a plant in Oman.
This will allow Clean TeQ to obtain the equipment needed for the upgrade.
The water treatment plant has been designed to remove a range of harmful elements from up to 200 tones of wastewater per day.
Clean TeQ is down a slight 1.85 per cent on the market, and shares are trading at 26.5 cents at 12:03 pm AEDT.
