Clean TeQ Water Secures Long-Term ATA® Tailings Dewatering Contract, Boosting Recurring Revenue

Long-Term ATA® Tailings Dewatering Contract at Rasp Mine

Clean TeQ Water has achieved a significant milestone by securing a contract for its ATA® Tailings Dewatering Plant at the Rasp Mine in Broken Hill. This deal not only signifies a key operational success but also establishes the company’s inaugural long-term recurring revenue stream from its ATA® technology. The contract includes a Polymer Supply Agreement, guaranteeing a consistent supply of ATA® reagents for the dewatering process. The initial term is five years, with potential extensions up to twenty years based on client requirements.

This contract highlights Clean TeQ Water’s dedication to commercialising innovative technologies within Australia. Focused on expanding its presence in the mining sector, this agreement reflects the company’s success in that area. Revenue will correlate with the volume of tailings processed, incentivizing both parties to optimise operational efficiency.

Strong Financial Performance and Cash Flow Growth in Q4 FY26

In its recent update, Clean TeQ Water reported robust financial results for Q4 FY26, with cash receipts from customers totaling $6.4 million—a 45% increase compared to the previous quarter. Positive net operating cash flows of $1.75 million further demonstrate the company’s improving financial position as it converts contracts into operational revenue.

Cash reserves rose to $8.7 million as of June 30, 2026, up from $6.8 million the prior quarter. This liquidity strengthens Clean TeQ Water’s ability to support ongoing projects and future growth initiatives, providing financial stability through various project stages.

Completion of PHOSPHIX® Phosphate Removal Plant in Ireland

Another notable achievement is the successful completion of the PHOSPHIX® phosphate removal plant in Ireland, developed in partnership with Enva. Delivered on time and within budget, the plant has exceeded expectations by achieving phosphate concentrations below 0.1 mg/L, well under the contractual requirement of 1.0 mg/L.

This project serves as a commercial operating reference for Clean TeQ Water and positions the company to pursue further phosphate removal opportunities across Europe. With tightening environmental regulations, demand for efficient phosphate removal solutions is expected to rise, benefiting the company’s market position.

Progress on DESALX® Wastewater Treatment System at Balen

Clean TeQ Water is advancing its DESALX® wastewater treatment system through a partnership with Nyrstar at the Balen operations in Belgium. The A$10.4 million Phase 2 contract has moved from detailed engineering into full delivery, marking a significant project milestone. This industrial application underscores Clean TeQ Water’s leadership in wastewater treatment for heavy industries, especially zinc production.

The successful deployment of DESALX® technology at this scale highlights the growing importance of sustainable wastewater management. With stricter discharge regulations, Clean TeQ Water’s solutions provide a competitive advantage in the market.

Advancements at Rio Tinto Rincon Lithium Project

In the resources sector, Clean TeQ Water continues progress on the Rio Tinto Rincon Lithium Project in Argentina, one of its largest contracts to date. Detailed design for construction is on schedule, with manufacturing of key components like FRP vessels and steel platforms underway. This project emphasizes the company’s expertise in lithium refining, focusing on water efficiency and recovery.

Developments at Rincon reinforce Clean TeQ Water’s position in the lithium market and demonstrate the effectiveness of its Moving Bed Ion Exchange (MBIX) platform in critical minerals processing. As lithium demand grows due to the energy transition and electric vehicle expansion, the company is strategically positioned to meet this need with innovative technologies.

Innovations in Critical Minerals and Water Treatment Technologies

Clean TeQ Water’s commitment to innovation is reflected in its technology platforms, including the Moving Bed Ion Exchange (MBIX) system integral to solutions like DESALX®, PHOSPHIX®, and HIROX®. These technologies are deployed across sectors such as industrial wastewater treatment and mine water management, addressing increasing regulatory pressures and global water scarcity challenges.

The company is also advancing its NematiQ Graphene Membrane program, developing PFAS-specific membranes for industrial and household use. This initiative highlights Clean TeQ Water’s focus on emerging water contaminants, enhancing its portfolio of sustainable water treatment solutions. Rising environmental concerns are expected to increase demand for such innovative technologies, positioning the company as a key industry player.

Outlook and Strategic Growth Plans

Looking forward, Clean TeQ Water aims to sustain its growth and innovation trajectory by pursuing new opportunities in domestic and international markets, particularly in critical minerals and advanced water treatment. Successful execution of current projects will lay a strong foundation for future expansion and partnerships.

Investors should monitor updates on the company’s projects, including lithium sector developments and advanced water treatment implementations. As Clean TeQ Water enhances operational capabilities and market presence, it is well-positioned to capitalize on growing demand for sustainable solutions in water and resource sectors.