0 seconds of 2 minutes, 33 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
02:33
02:33
 
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Yvonne:

Water security is a growing problem globally, which NematiQ a wholly owned subsidiary of ASX listed Clean TeQ Water is aiming to tackle using its unique filtration technology. To discuss how this works, I’m joined by NematiQ’s Chief Executive Officer, David Menzies. Welcome, David.

David:

Thank you.

Yvonne:

So David, first of all, tell us about NematiQ?

David:

“NematiQ’s, a 100 percent owned subsidiary of Clean TeQ Water, asx code CNQ. The technology came out of research from Monash University, which was targeted at applications for graphene in various applications, and this one was the water filtration. The technology itself is useful for solving issues in drinking water and wastewater applications, and that’s important because the world’s going through global scarcity of water.”

Yvonne:

Can you explain a little bit more about the technology itself? What are graphene membranes?

David:

“Membranes themselves are made from polymers. They are used for water treatment and wastewater treatment globally. They suffer from fouling and high energy use. What we’ve done with our patent technology is to use graphene as the selective layer, which has an anti fouling property and can operate under low energy requirement.”

Yvonne:

Is the technology commercially ready?

David:

“In terms of manufacturing readiness? We’ve been able to manufacture our products at industrial scale, and as you can see next to me here, we’ve made modules that are of standard industrial sizes, which can be deployed to solve global problems. In terms of commercial readiness, we have started to make initial sales. We’ve done that through extensive laboratory testing and piloting with customers, and that has led to those sales outcomes. One of the customers called Water Source Australia is based here in Australia and they make a drinking water cabinet. They’ve selected our graphene membrane to be part of their solution with Schreurs & Sons, who we did extensive piloting with six months ago at their celery and leek Farm. We did some wastewater recycling work. They’ve been very impressed with the results and we’re working with them on how to deploy that solution with them currently.”

Yvonne:

David, where does NematiQ go from here?

David:

“FY 24 is our education year. What we’re going to be doing is working with the value chain partners, the system integrators, to build the brand awareness of our product so that our products can get out there to create positive impact and revenue for our business.”

CNQ by the numbers
More From The Market Online
The Market Online Video

The worldwide impact on business from China’s commodity sanctions

The Market Online’s Lyndsay Malchuk sits down with GBC Investment Research analyst Matthias Greiffenberger to talk China’s latest commodity sanctions – and how
The Market Online Video

Chinese sanctions raise the stakes for tungsten production at Sangdong

The Market Online’s Lyndsay Malchuk sits down with Lewis Black, Director, President, and Chief Executive Officer at