SOURCE: Streetwise Reports

Streetwise Reports

October 22, 2015 09:00 ET

Clean TeQ's Sam Riggall Interviewed by The Gold Report

SAN FRANCISCO, CA--(Marketwired - October 22, 2015) - Australia's Clean TeQ Holdings Limited (ASX: CLQ), a long-time industry leader in environmental remediation, has recently partnered with China's largest power generator to treat waste water with its unique continuous-ion technology. This technology also allows Clean TeQ to extract metals from minerals and industrial waste, but as Clean TeQ Chairman Sam Riggall explains in this interview with The Gold Report, the company is also on track to open the world's first standalone scandium mine and has already inked collaboration agreements with the end users that will use this currently rare metal to make aluminum lighter and stronger.

The Gold Report: Clean TeQ Holdings Limited was founded in 1990 as an air-purification business; a quarter-century later it's now in the water purification and metals business. Tell us about the evolution of the company.

Sam Riggall: By 2000, Clean TeQ had become Australia's largest air-treatment company for biological odor control. The company then looked to expand its technology base. It identified very promising technologies around ion exchange and moved to license them. The next decade was devoted to developing, modifying and improving our proprietary continuous-ion exchange process and applying it to those industries where it demonstrates the greatest value.

TGR: You're no longer in the air purification business?

SR: Even though this was Clean TeQ's sole revenue-generating business, we sold it earlier this year for around AU$2 million (~AU$2M) with an arrangement for future payments contingent on future performance. The problem was…

Continue reading this interview: Cleaner Water and Stronger Aluminum Drive Clean TeQ's Future

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Investors rely on The Gold Report to share investment ideas for the precious, base and critical metals sector. Our exclusive interviews with leading industry experts and analysts provide a clear picture of the causes of macro-economic shifts and the strategies that help you capitalize on developing trends.

DISCLOSURE:

Clean TeQ Holdings Limited paid Streetwise Reports to conduct, produce and distribute the interview. Sam Riggall had final approval of the content of the interview and is wholly responsible for the validity of the statements. Opinions expressed are the opinions of Mr. Riggall and not of The Gold Report or its officers. The interview does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility.

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