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Friedland increases stake in Australian junior Clean TeQ

Clean TeQ’s largest shareholder and mining personality Robert Friedland has increased his holding in the Australian junior to 19.9% through a series of recent on market purchases, the ASX-listed company reported on Wednesday. Friedland, who is a well-known investor in international mining projects, as well as a significant player in the global junior mining industry, stated that the combination of the Syerston project and its unique geological properties, with Clean TeQ’s innovative ion exchange technology, positioned the company to become a leading supplier of nickel and cobalt sulphate for use in lithium-ion batteries.