Clean TeQ

What Clean TeQ does

Clean TeQ Water Limited (ASX: CNQ) is an Australian public water-treatment technology company that designs, delivers and operates proprietary treatment systems for industrial, mining, municipal, oil-and-gas, agricultural, aquaculture, power, remote-community and green-hydrogen customers. Its branded technology portfolio spans ion-exchange and continuous ionic filtration (CIF®, CLEAN-IX®), membrane-free and ultra-high-recovery desalination (DESALX®, HIROX®), biological treatment (BIOCLENS®, BIONEX™), evaporation and crystallisation (EVAPX®), phosphorus recovery (PHOSPHIX®), rapid tailings dewatering (ATA®) and graphene-oxide membranes developed with wholly-owned subsidiary NematiQ and Monash University. Solutions are packaged around specific contaminants — ammonia, arsenic/antimony, boron, COD/BOD, hardness, metals, nitrate, phosphate, sulphate, uranium and zero-liquid-discharge — and delivered through Engineering, Procurement and Construction (EPC) contracts, Build-Own-Operate (BOO) long-term service agreements, ion-exchange resin supply, and technology licensing. The company is headquartered at 1/40 Ricketts Rd, Mount Waverley, Victoria, with regional offices in the Netherlands and China, and maintains two wholly-owned subsidiaries: NematiQ (graphene desalination membranes) and Go2Lithium (lithium extraction). GTM is enterprise field sales targeting large mining, industrial and municipal customers, supported by investment-showcase and technical-paper marketing; revenue is primarily project-based EPC, supplemented by recurring BOO service fees and consumable resin supply. Recent strategic activity in 2026 includes the ATA® Tailings Dewatering Plant contract at the Rasp Mine in Broken Hill, semifinalist status in the US$119M XPRIZE Water Scarcity competition, and a presentation at the Gold Coast Investment Showcase 2026.

Name

Clean TeQ

Legal name

Clean TeQ Water Limited

Website

https://cleanteq.com

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

Clean TeQ Water is an Australian public water-treatment technology company serving mining, industrial, municipal, oil-and-gas and agricultural customers with proprietary ion-exchange, membrane, biological and evaporation systems delivered via EPC, BOO, and resin-supply models.

Ownership category

akta.pro rank

Product category

Water Treatment Engineering Services

NAICS

Chemical Manufacturing (325)

SIC

Miscellaneous Chemical Products (2890)

akta.pro primary industry

Separation & Filtration Equipment (Filters, Centrifuges, Membranes) (IMAHAEAB)

akta.pro secondary industries

Mining & Metals Process & Water Chemicals (IMAEAJAJ), Water Treatment & Process Specialty Chemicals (IMAEABAN), Municipal Drinking Water Treatment Chemicals (IMAEAJAA)

Keywords

• Water treatment technology
• Ion exchange filtration
• Membrane desalination
• Mine tailings dewatering
• Industrial wastewater treatment

Headquarters

HQ city

Notting Hill

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Supply Chain, Marketing or Sales

Revenue model

1. EPC (Engineering, Procurement and Construction): Design and construct contracts for water treatment plants, including the recent ATA® Tailings Dewatering Plant contract for Rasp Mine in Broken Hill.
2. BOO (Build, Own, Operate): Long-term water treatment plant ownership and operation model providing recurring service revenue.
3. Ion Exchange Resin Supply: Supply of ion exchange resins as consumables for water treatment systems.
4. Technology Licensing: Licensing of proprietary water treatment technologies including ATA, CIF, DESALX, CLEAN-IX, and other branded processes.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Clean TeQ Water designs, supplies, and operates proprietary water treatment technologies and plants for industrial, mining, municipal, agricultural, and resource-sector customers. Its portfolio includes branded ion exchange, membrane, biological, evaporation, and graphene-based technologies delivered via EPC (Engineering, Procurement and Construction) and BOO (Build, Own, Operate) contracts, supplemented by ion exchange resin supply and technology licensing.

Product overview

Clean TeQ Water is a water treatment technology company offering a portfolio of proprietary branded technologies and tailored solutions for industrial, municipal, mining, agricultural, and resource sector water treatment challenges. The core portfolio spans biological treatment (BIOCLENS®, BIONEX™), ion exchange and filtration (CIF®, CLEAN-IX®, Ion Exchange Plants), membrane technologies (DESALX®, HIROX®, Membranes and Filtration, Graphene Membranes), and evaporation/crystallisation (EVAPX®), anchored by the ATA® rapid tailings dewatering system for mining applications. These individual branded technologies are complemented by a suite of application-specific solutions (ammonia removal, nitrate removal, phosphate recovery, metal recovery, ZLD, etc.) and service offerings including EPC (Engineering, Procurement and Construction), BOO (Build, Own, Operate), and Ion Exchange Resin Supply. The company targets markets across mining, industrial/manufacturing, oil and gas, municipal reuse, agriculture/aquaculture, and groundwater.

Differentiator

Problem solved

Functional benefit

Brands

• NematiQ: Graphene-enhanced desalination membrane technology
• Go2Lithium
• ATA®
• BIOCLENS®
• BIONEX™
• CIF®
• CLEAN-IX®
• DESALX®
• EVAPX®
• HIROX®
• PHOSPHIX®

Products and services

• ATA® (Rapid Tailings Dewatering) Rapid tailings dewatering technology enabling dry stacking of mine tailings with lower-cost pathway to tailings management for mining operators.
• CIF® (Continuous Ionic Filtration) Continuous ionic filtration for selective contaminant removal in water treatment applications.
• DESALX® (Membrane Free Desalination) Membrane-free desalination technology offering an alternative to conventional reverse osmosis for water desalination.
• CLEAN-IX® (Metal Recovery) Metal recovery technology using ion exchange processes to produce highly pure concentrated eluates and optimal resin utilization.
• HIROX® (Chemical Free Ultra High Recovery RO) Chemical-free ultra-high recovery reverse osmosis system designed for challenging water streams with resistance to scaling and fouling.
• BIONEX™ (Complete Nitrate Removal) Complete nitrate removal technology for water treatment applications, providing selective nitrate elimination.
• BIOCLENS® (Lens Encapsulated Bacteria)

Quantifiable outcome

• High water recovery with low waste production
• +2 more outcomes

Named customers1 record

Segments9 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Two partnerships are on record, tiered core.

• NematiQcoreTechnology or Integration · 13 May 2026Partnership with graphene technology company NematiQ for development of graphene-enhanced desalination membrane technology. The collaboration combines Clean TeQ Water's water treatment expertise with NematiQ's graphene membrane technology, advancing to XPRIZE Water Scarcity Semifinals.
• Monash UniversitycoreStrategic or Co-development Partner · 13 May 2026Research partnership with Monash University for graphene membrane technology development. The team was selected as one of 17 Track B Semifinalists in the US$119 million XPRIZE Water Scarcity competition.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Veolia Water Technologies: Veolia is a global water-treatment major offering EPC, BOO, ion exchange, membrane and chemical solutions across industrial, mining and municipal markets. It is the dominant broad incumbent against which Clean TeQ Water competes for large enterprise tenders.
• Xylem Inc. Xylem is a global water technology company serving industrial, utility and commercial customers with filtration, pumping, treatment and analytics. It overlaps with Clean TeQ Water's industrial water, mining and membrane filtration offerings at the broader portfolio level.
• Evoqua Water Technologies: Evoqua supplies industrial water and wastewater treatment systems, specialty chemicals and service across municipal and industrial markets. It is a broad incumbent competitor with overlapping EPC and treatment-chemical capabilities relevant to Clean TeQ Water's offerings.
• Pentair plc: Pentair designs and manufactures water treatment equipment and systems including filtration, separation and membrane solutions. It competes broadly with Clean TeQ Water in industrial and commercial water filtration and treatment plants.
• Kemira Oyj: Kemira is a global specialty chemicals company supplying water-intensive industries including mining, pulp & paper and municipal water treatment. Its mining and process water chemistry portfolio directly competes with Clean TeQ Water's ion exchange and specialty water chemical offerings.

Direct peers

• De Nora: De Nora is a specialty water treatment and electrochemical technology company serving industrial and municipal markets with proprietary processes. Its technology-portfolio approach and focus on niche specialty applications closely mirrors Clean TeQ Water's branded technology model.
• Calgon Carbon (Kurita): Calgon Carbon, now part of Kurita, supplies specialty activated carbon and filtration media for water and process treatment. Its focus on selective contaminant removal via specialty media is directly comparable to Clean TeQ Water's ion exchange and selective filtration offerings.
• Fluence Corporation: Fluence designs, builds and operates decentralized water and wastewater treatment plants using containerised and modular solutions. Its EPC + BOO delivery model and emerging-market industrial/municipal focus make it a close direct peer to Clean TeQ Water.

Emerging players

• Aqua Metals: Aqua Metals develops electrochemical and hydrometallurgical technologies for metal recovery from mining and battery waste streams. Its metal-recovery and selective-extraction focus overlaps with Clean TeQ Water's CLEAN-IX® offering in adjacent mining/battery markets.
• OriginClear: OriginClear offers modular water treatment systems and technology licensing targeting industrial and oil & gas produced water applications. Its licensing + modular delivery approach is structurally similar to Clean TeQ Water's technology licensing and EPC model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/cleanteq
• YouTubeyoutube.com/channel/UCCUb9-RoUDD6zkHkt4CKoBA
• Facebookfacebook.com/info
• LinkedInlinkedin.com/company/clean-teq-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds6 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Clean TeQ