VANCOUVER, BC – BioteQ Environmental Technologies, Inc. (TSX : BQE), a leader in the treatment of industrial wastewater, is pleased to announce that its new ion exchange plant at the Dexing mine site is the recipient of an $3.5 million RMB grant (approximately $550,000 Cdn) from the Jiangxi Provincial Development and Reform Commission. The ion exchange plant is a 50/50 joint venture project with Jiangxi Copper Company that recovers nickel and cobalt from low-grade solution, producing clean water and saleable metal products. The grant, awarded in the Green Technology/Environmental category, recognizes high-tech innovations that deliver significant impact for the region in the form of environmental, economic and social benefits.
Jonathan Wilkinson, BioteQ’s Chief Executive Officer stated, “We along with our joint venture partner, Jiangxi Copper Company, are pleased that the Dexing ion exchange project has been recognized for being a leader. This grant also is a reflection of BioteQ’s commitment to delivering innovative water treatment solutions that contribute positively to environmental sustainability.”
The Jiangxi Provincial Development and Reform Commission is the governing body that oversees economic and social development in Jiangxi province of China. The Commission provides approval for key projects, formulates policy, and promotes sustainable growth in the region.
BioteQ Corporate Profile
BioteQ is an innovative clean technology leader in global industrial water treatment. The company’s proven technologies have been applied at sites around the world to recover dissolved metals and remove sulphate, producing clean water and eliminating residual waste. BioteQ is headquartered in Vancouver, Canada and trades on the TSX under the symbol BQE. Please visit our website at www.bqewater.com for additional information.