April 16, 2020 | Mining
Image Credits: Clean Teq
Robert Friedland was the Co-founder and Co-chairman of Diamond Fields Resources, which was acquired for CDN4.3bn.
His latest venture is called Clean Teq Holdings, where he is the Co-Chairman.
It is listed on the Australian Stock Exchange under the ticker symbol CLQ (ASX:CLQ).
He is also the founder, Executive Chairman, and a director of Ivanhoe Mines Ltd and is the Chairman and President of Ivanhoe Capital Corporation.
He directed the assembly by Ivanhoe Mines Ltd. of a portfolio of interests in several countries over 15 years and led the company’s discoveries and initial development of the Oyu Tolgoi copper-gold-silver deposits in southern Mongolia.
Robert has received wide recognition for his work in the industry including Mining Personality of the Year at the inaugural Asia Mining Awards in 2012 and the Dealmaker of the Year award for Ivanhoe Mines Ltd. from Australia’s Diggers and Dealers Mining Forum in 2011.
For more detail, check out the Robert Friedland case study.
Clean TeQ is a leader in metals recovery and industrial water treatment through our proprietary Clean-iX® continuous ion exchange technology.
Our vision is to help reduce the world’s environmental burden using our proprietary technologies and to become a leading supplier of clean energy solutions. We are committed to finding better ways to solve planet earth’s most pressing environmental problems.
With the development of the world-class Clean TeQ Sunrise Nickel-Cobalt-Scandium Project, and a highly innovative water technology business, innovation remains at the core of our philosophy.
Clean TeQ seeks to own, joint venture or develop assets where the application of our technical approach unlocks significant value for our customers, partners and shareholders.
The placement saw American mutual fund Fidelity Investments acquire a 6% stake in the company, becoming the third main shareholder after Robert Friedland and Shanghai Pengxin, each with an interest of nearly 14%.
The raise was done in order to accelerate the project’s development and commence production one year earlier than previously expected. The funds will finance engineering and construction work and the identification of higher-grade cobalt areas.
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