CNQ Awarded ATA Dewatering Contract at Rasp Mine
| Stock | Clean TEQ Water Ltd (CNQ.ASX) |
|---|---|
| Release Time | 15 May 2026, 11:13 a.m. |
| Price Sensitive | Yes |
Clean TEQ Water Awarded ATA Dewatering Contract at Rasp Mine
- Deployment of Clean TeQ Water's proprietary ATA® rapid dewatering process
- Contract awarded by Broken Hill Operations Pty Ltd for a new ATA® Tailings Dewatering Plant at the Rasp Mine
- Negotiating a long-term Polymer Supply Agreement for ATA® reagents and technology licensing
Clean TeQ Water Limited (ASX: CNQ) has been awarded a contract by Broken Hill Operations Pty Ltd ('BHO'), a wholly owned subsidiary of Broken Hill Mines Limited (ASX: BHM), for a new ATA® Tailings Dewatering Plant at the Rasp Mine in Broken Hill, New South Wales, Australia. The Design and Construct (D&C) contract covers the engineering, procurement, manufacture, supply and installation of the ATA® plant, a single-train facility sized for 750,000tpa dry solids throughput, producing a filter cake suitable for in-pit filtered tailings stacking. Clean TeQ Water and BHO are also negotiating a Polymer Supply Agreement, under which Clean TeQ Water is proposed to be appointed as the supplier of the proprietary ATA® reagents, with BHO also granted an ongoing licence to operate the ATA® technology at the Rasp Mine. The ATA® Tailings Dewatering Plant allows Broken Hill Mines to transition away from the historical practice of higher operating cost 'solar drying' of tailings on site, which has to date also limited processing throughput to 500,000 tonnes per annum. The deployment of ATA® technology at Rasp significantly enhances BHO's tailings dewatering capacity, reducing both ongoing operating and capital costs for the Mine.
The ATA® Tailings Dewatering Plant forms part of BHO's ramp-up of its 100% owned and operating Rasp Mine to 750,000 tonnes per annum nameplate production rate, with practical completion of the dewatering plant targeted for 1H 2027.
Clean TeQ Water and BHO have been working collaboratively together for over two years on this opportunity, with the arrangements announced today delivering Clean TeQ Water near-term construction revenue and, on execution of the Polymer Supply Agreement, the prospect of long-term recurring revenue.