What are the specific performance results achieved by Clean TeQ Water (ASX:CNQ)?

Clean TeQ Water (ASX:CNQ) recorded phosphate concentrations below 0.1 mg/L P-PO4, exceeding the required contractual specification of 1.0 mg/L by more than tenfold.

How is Clean TeQ Water (ASX:CNQ) financing and valuing the project?

Clean TeQ Water (ASX:CNQ) originally announced the facility in November 2024 under a contract valued at approximately EUR 7 million.

What does the milestone mean for Clean TeQ Water (ASX:CNQ) moving forward?

Clean TeQ Water (ASX:CNQ) stated that the milestone establishes its first commercial operating reference for PHOSPHIX and provides a platform for future European growth.

How did the market react to Clean TeQ Water (ASX:CNQ) following the update?

Following the announcement, the Clean TeQ Water (ASX:CNQ) share price was down at $0.47.

Industrials

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Clean TeQ Water completes Europe plant

Written by Liezl GambePublished Jul 28, 2026, 5:15 AM

· Clean TeQ Water completed commissioning and contractual performance testing for its first full-scale commercial PHOSPHIX phosphate removal plant in Europe.

· The milestone establishes a key commercial reference installation to support future regional growth under tightening environmental rules.

· The company aims to capture rising demand across Europe as revised wastewater discharge regulations take effect.

Clean TeQ Water (ASX:CNQ) has finished commissioning its first commercial PHOSPHIX phosphate removal plant in Ireland, achieving water test results ten times better than required standards.

The project follows several years of laboratory development and pilot testing, moving the technology from initial design to full industrial deployment.

"The announcement marks the successful commercial deployment of PHOSPHIX at full industrial scale, consistently delivering phosphate concentrations well below contractual requirements and exceeding design throughput," said Clean TeQ Water CEO Peter Voigt.

The facility was originally announced in November 2024 under a contract valued at approximately €7 million to treat industrial wastewater from a multinational pharmaceutical manufacturer.

Following the announcement, the Clean TeQ Water share price was down at $0.50.

The business specialises in economic and environmentally sustainable solutions for freshwater scarcity, mine tailings, and metal recovery.

Recent corporate updates include securing a long-term polymer supply agreement for the Rasp Mine and executing a Phase 2 contract for a European wastewater treatment project.