Clean TeQ Sunrise Project – Modification 6 Approval


MELBOURNE, Australia, June 05, 2018 (GLOBE NEWSWIRE) -- Mr Sam Riggall, CEO of Clean TeQ Holdings Limited (Clean TeQ or the Company) (ASX:CLQ) (TSX:CLQ) (OTCQX:CTEQF) is pleased to advise that the New South Wales Department of Planning and Environment (DPE) has formally approved Modification 6 to the Development Consent for the Clean TeQ Sunrise Project (Project). The approval is an important milestone as planning and execution of the Project’s early works progresses.

Clean TeQ submitted Modification 6 in January 2018 seeking changes to the accommodation facility at the Project which were deemed necessary to both optimise the mine plan and improve the amenity of the on-site workforce. The changes included the relocation of the accommodation facility from the main mine site to an adjacent property south of the mine on a property owned by Clean TeQ called “Sunrise” (see Figure 1).

Approval of Modification 6 will also allow Clean TeQ to use the camp for up to approximately 300 personnel during site-based campaigns such as shutdowns and maintenance. In addition, the Modification permits an increase in the camp’s capacity from approximately 1,000 to 1,300 personnel during the construction phase.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/524889f9-86b1-4067-8863-edf80e07ed42

Figure 1: Proposed layout of the Clean TeQ Sunrise accommodation facility. Inset: Camp location relative to Clean TeQ Sunrise Project area

For more information about Clean TeQ contact:

Richard Glass, Investor Relations (Australia)                                                   +61 3 9797 6781
Evan Young, Investor Relations (North America)                                              +1 647 808 2141

About Clean TeQ Holdings Limited (ASX:CLQ) (TSX:CLQ) – Based in Melbourne, Australia, Clean TeQ is a global leader in metals recovery and industrial water treatment through the application of its proprietary Clean-iX® continuous ion exchange technology.
For more information about Clean TeQ please visit the Company’s website www.cleanteq.com.

About the Clean TeQ Sunrise Project – Clean TeQ is the 100% owner of the Clean TeQ Sunrise Project, located in New South Wales. Clean TeQ Sunrise is one of the largest cobalt deposits outside of Africa, and one of the largest and highest-grade accumulations of scandium ever discovered.

About Clean TeQ Water – Through its wholly owned subsidiary Clean TeQ Water, Clean TeQ is also providing innovative wastewater treatment solutions for removing hardness, desalination, nutrient removal, zero liquid discharge. The sectors of focus include municipal wastewater, surface water, industrial waste water and mining waste water.
For more information about Clean TeQ Water please visit www.cleanteqwater.com 

Figure 1