Bqe Water Inc (BTQNF)

Description:

BioteQ Environmental Technologies Inc., was founded in 1998 as Biomet Mining and became publicly traded as BioteQ Environmental Technologies in 2001. The Company creates custom water treatment solutions to remove and recover dissolved metals and to remove contaminants such as sulphate and selenium from water impacted by mining, energy and industrial activities. Its clean technologies convert wastewater into a useful resource. Fifteen commercial scale plants have been built at sites in North America, Australia, China and Europe, with additional projects in development. The Company generates its revenues from three main sources: metal recovery, treatment fees, and engineering services and plant sales. It provides water treatment services tailored to suit customer needs, including process design and engineering, equipment procurement, plant construction, commissioning, operator training, and ongoing operations In 2011, BioteQ treated 9.5 billion litres of wastewater and recovered 2.1 million pounds of metals from the environment. Its clients include Xstrata, Jiangxi Copper, Capstone Mining, Koza Gold, Kinross and the US Environmental Protection Agency. The Company has built and commissioned plants at customer sites in Canada, the US, Mexico, Australia, and China, with new plants in development.