March 2026 Quarterly Activities Report and Appendix 4C
| Stock | Clean TEQ Water Ltd (CNQ.ASX) |
|---|---|
| Release Time | 29 Apr 2026, 1:52 p.m. |
| Price Sensitive | Yes |
Clean TeQ Water reports Q3 FY26 results
- Awarded $10.4 million Phase 2 DESALX® contract by Nyrstar
- Achieved practical completion at Heathgate Resources' uranium facility
- Progressed PHOSPHIX® phosphate removal plant and ATA® tailings dewatering technology
The March 2026 quarter was one of the busiest in Clean TeQ Water's recent history, with a focus on delivering awarded contracts, meeting performance milestones, and progressing engineering on the company's critical minerals and water treatment projects. Key highlights include: Awarded a $10.4 million Phase 2 execution contract by Nyrstar to deliver a full-scale DESALX® wastewater treatment system; Achieved practical completion at Heathgate Resources' Beverley uranium facility, with the CLEAN-IX® U-Column system fully commissioned; Progressed the PHOSPHIX® phosphate removal plant through the commissioning phase; Awarded a Front-End Engineering Design (FEED) contract for a standalone ATA® tailing dewatering plant; Progressed engineering contract by Sunrise Energy Metals for the Syerston Scandium Project; Go2Lithium's Middle East deployment of its cDLE® technology delivered excellent results against the lithium recovery KPI. The company also reported positive net operating cash flows of $1.1 million and cash reserves of $6.8 million as at 31 March 2026.
Clean TeQ Water expects to continue progress on its digitisation initiative, with further development of digital and data-driven process optimisation tools aimed at improving design confidence, commissioning efficiency, and long-term operational performance.
Clean TeQ Water enters Q4 FY26 with strong operational momentum, improving revenue visibility, and a growing portfolio of projects transitioning from design and pilot phases into commissioning and execution. The company's near-term focus is on disciplined delivery of existing contracts, progression of advanced projects into full commercial scope, and selective conversion of its opportunity pipeline.