Join our daily newsletter At The Bell to receive exclusive market insights
- Clean TeQ Water, subsidiary of Clean TeQ (CLQ), will undertake preliminary design and procurement for the Townsville water recycling plant
- The initial design and procurement work is valued at $920,000 – but the final contract is yet to be secured
- The Townsville City Council has advised Clean TeQ Water that it is currently the preferred contractor to deliver the water re-use facility at the Cleveland Bay Purification Plant
- The company will further update the market once there is additional information regarding the final contract
- Clean TeQ is down 8.11 per cent to 17 cents a share
Clean TeQ Water, subsidiary of Clean TeQ (CLQ), will undertake preliminary design and procurement for the Townsville water recycling plant.
The work is valued at $920,000 which includes detailed design and procurement of long-lead items for the plant.
The final contract for the plant is yet to be secured, but Clean TeQ Water is currently the preferred contractor to deliver a recycled water re-use plant at the Cleveland Bay Purification Plant in Townsville.
Clean TeQ Water is seeking to secure the engineering, procurement and construction (EPC) contract with Townsville City Council for the water recycling plant, which will use Clean TeQ’s HiROx process and BioLense encapsulated bacteria.
HiROx® is an ultrahigh recovery water treatment process which combines Clean TeQ’s continuous ion exchange (CIF) technology with reverse osmosis to treat water from various sources – including municipal wastewater, surface water, ground water, and industrial and mining waste water.
A demonstration plant located in Queensland processed 200 tonnes of saline ground water per day to recover over 95 per cent of the water as irrigation quality for crops and produced a gypsum by-product for soil improvement.
Clean TeQ CEO Sam Riggall says strong progress is being made towards Clean TeQ securing the Townsville contract.
The design and procurement work is already underway – Clean TeQ will further update the market once there is additional information regarding the final EPC contract.
Clean TeQ closed down 8.11 per cent at 17 cents a share in a $138 million market cap.
