Clean TeQ Holdings: Landmark Water Technology Supply Agreement
West Perth, WA / December 13, 2017 / JMN Wire / Clean TeQ Holdings Limited (ASX: CLQ) (Clean TeQ or Company), and Mr Sam Riggall, Chief Executive Officer, today announced that Clean TeQ, through its wholly owned subsidiary Clean TeQ Water Pty Ltd, has entered into a landmark agreement with Fosterville Gold Mine Pty Ltd (Fosterville) to design, supply and commission a two million litre-per-day Clean TeQ DeSALx® mine water treatment plant.
The award of the contract follows a period of extensive due diligence and testwork conducted by Fosterville to validate the efficacy of Clean TeQ’s DeSALx® system for the treatment of mining process waters. The value of the contract is $3.5 million and serves as a significant milestone for the Clean TeQ Water division
Sustainable water management is becoming critically important in the mining industry as environmental regulations are tightened globally and water scarcity increases.
The Fosterville water treatment plant is an important reference project for Clean TeQ’s DeSALx® technology, which is expected to add significant momentum to the growing pipeline of Clean TeQ Water projects.