FinTechFunding

Clean TeQ Water: Completes drinking water treatment plant in Queensland

Clean TeQ Water Completes drinking water treatment plant in Queensland

  • Clean TeQ Water (CNQ) announces the formal completion of its ion exchange water treatment plant for the Mackay Regional Council in Queensland
  • The company was awarded the $2 million contract in January 2021 for the upgrade of a bore water treatment plant at Koumala, including its design, procurement and construction
  • The treatment plant will reduce the potential scaling of pipes and improve the taste of the potable water supply
  • Following successful testing of the plant, the old Koumala water tower was disconnected, with residents now able to access an improved water supply
  • Shares in CNQ are up 3.37 per cent, trading at 43 cents as of 3:00 pm AEDT
Previous article
Iceni Gold: Confirms gold presence in latest results from Guyer Central, WA
Next article
Splitero: Raises $11.7M in Series A Funding
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...
FinTech

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...
FinTech

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...
FinTech

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...