CLQ- Water treatment, resource recovery technology and biological air purification. Melbourne, Aus- Market Cap-33mill. SP .11c
Proprietary continuous ion exchange technology for the treatment of water that gives savings of around 30% cost compared to competitors.. They recently had Robert Friedland come on board as a major shareholder and soon acquired a scandium mine from Ivanhoe. Signed a heads of agreement with SIDRI in China which will potentially lead to a JV(CLQ 45%) for the deployment of the CLQ continuous ion exchange technology to be rolled out across China. China have allocated $98 billion for 172 key projects in water conservation. Due diligence on the JV with SIDRI must be well advanced and an announcement to market should not be far away.
