• Finalising contract delivery for Townsville Water Disinfection Plant
• Awarded ~$11m contract with ENVA Ireland for phosphate removal plant
• Delivered CLEAN-IX® U-Column for Heathgate Resources uranium processing

Clean TeQ Water Limited (ASX: CNQ) released its half-year financial results for the period ended 31 December 2024. H1 FY25 saw the company focus on the execution of ongoing projects and future commercial opportunities in new regions. Key operational highlights include finalizing contract delivery for the Townsville Water Disinfection Plant, being awarded an ~$11 million contract by ENVA Ireland to deliver a phosphate removal plant, and delivering the CLEAN-IX® U-Column for Heathgate Resources' uranium processing. The company also completed a demonstration of its DESALX® technology for Nyrstar in Belgium, delivered mobile BIOCLENS® technology for nitrate remediation, and prepared for the ATA® demonstration at Harmony Gold in South Africa. Financially, the company reported revenue and other income of $4,899,173 and a loss after tax of $2,289,598, impacted by project timing and market conditions. The company has a strong pipeline of opportunities and strategic partnerships that are expected to drive significant growth in the coming year, including the Heathgate Resources, Townsville Water Recycling, and ENVA contracts, as well as the DESALX® pilot for Nyrstar and the development of its ATA® technology. The company continues to pursue a growth strategy focused on expansion into new markets, new contract wins, technology innovation, and strengthened strategic partnerships.

Clean TeQ remains focused on delivering long-term shareholder value through continued operational excellence, technology leadership, and market expansion. With a strong pipeline and improving market conditions, the company expects a stronger second half of FY25.