Climate Change Data

Clean TeQ Water Limited

Climate Impact & Sustainability Data (2022-07 to 2023-06)

Reporting Period: 2022-07 to 2023-06

Environmental Metrics

ESG Focus Areas

  • Water treatment and reuse
  • Resource recovery
  • Mine tailings management
  • Lithium production
  • Community engagement (First Nations communities)

Environmental Achievements

  • Reduced groundwater consumption by 60% compared to reverse osmosis in the NESR HIROX® Project.
  • Minimised waste production in Koumala Water Treatment Plant.
  • Reduced liquid waste in NESR HIROX® Project.
  • Improved water quality in Laramba Water Treatment Plant, addressing long-term health concerns.

Social Achievements

  • Delivered drinking water treatment plant for the Indigenous community at Laramba, Australia.
  • Improved drinking water quality and taste in Koumala, Australia.
  • Empowering voices through clean water initiatives in First Nations communities.

Governance Achievements

  • Full strategic and operational review undertaken by the Board following CEO resignation.
  • Appointment of Peter Voigt as interim CEO.
  • Board approved Risk Management Framework and Risk Appetite Statement.

Climate Goals & Targets

Medium-term Goals:
  • Build long-term shareholder value through development and application of innovative solutions.
Short-term Goals:
  • Move towards profitability in 2024.

Environmental Challenges

  • Move towards profitability (still not at breakeven in 2023).
  • Supply chain disruptions (implied due to global factors mentioned).
  • COVID-related lockdowns in China delaying Ordos BIONEX™ project.
  • Global factors impacting financial performance (inflation, interest rates, war in Ukraine, political and trade disputes, supply chain disruptions).
Mitigation Strategies
  • Improved operational efficiency, reducing losses from $11M in 2022 to $5M in 2023.
  • Strategic approach to monetize IP portfolio.
  • Focus on skills and markets where technology adds value.
  • Collaboration with engineering companies for project delivery.
  • Multiple suppliers and vendors for components and equipment.
  • Monitoring and review of climate change impacts.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather and resource variability

UN Sustainable Development Goals

  • Goal 6: Clean Water and Sanitation
  • Goal 7: Affordable and Clean Energy
  • Goal 9: Industry, Innovation and Infrastructure
  • Goal 13: Climate Action

Clean TeQ Water's technologies contribute to these goals through water purification, resource recovery, and sustainable solutions for various industries.

Sustainable Products & Innovation

  • CLEAN-IX® metal recovery technology
  • ATA® rapid dewatering technology
  • HIROX® (high recovery reverse osmosis) plant
  • BIONEX™ nitrate removal plant
  • EVAPX® system
  • cDLE® (continuous direct lithium extraction) technology
  • Graphene Membranes

Awards & Recognition

  • Laramba Water Treatment Plant nominated for Northern Territory Government’s Chief Minister’s Awards and Australian Water Association’s Northern Territory Project Awards.