CleanTeq’s (ASX:CLQ) Sunrise battery materials FEED project behind schedule

Company News

by Anna Napoli

Metals recovery and industrial water treatment company, Clean TeQ (ASX:CLQ) has announced Front End Engineering and Design (FEED) at its Sunrise project is behind schedule.

Work is ongoing at the central New South Wales complex to position Sunrise as one of the largest and most advanced nickel/cobalt development projects in the world.

The Company is assessing FEED progress as part of the Project’s execution plan and will update the market in coming weeks, as the work plan and schedule are revised.

Morningstar recently said Clean TeQ is trading within a range it considers to be valued.

Shares in Clean TeQ (ASX:CLQ) opened flat at $0.31.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.