Current Water Technologies Inc. (WATR)

Overview

Current Water Technologies Inc. is a company dedicated to developing environmental technologies primarily within Canada, Saudi Arabia, and the United States. The company focuses on innovating in the fields of wastewater and drinking water treatment, targeting contaminants such as metals and nutrients, including arsenic, nitrate, and ammonia, which are prevalent in various sectors including mining, metal processing, chemical, agriculture, municipal, and waste management. Additionally, Current Water Technologies Inc. specializes in the recovery of nickel and other valuable metals from waste mill sulphide tailings in the mining sector. Originally known as ENPAR Technologies Inc., the company underwent a rebranding to Current Water Technologies Inc. in January 2018, and has been operational since 1996. Its headquarters are located in Guelph, Canada. The business operations are divided into two main segments: Current Water and Pumptronics, each catering to distinct aspects of water treatment and management.

Products and Services

• Electro-static deionization: This patented electrochemical process is utilized to reduce the concentration of total dissolved solids (TDS) in water, making it suitable for various applications, including industrial and municipal water treatment.
• Ammonia removal technology: A sophisticated technology designed for the efficient removal of dissolved ammonia from a wide range of water sources, such as industrial and municipal water, wastewater, storm water, sewage effluent, and mine wastewater. This technology addresses the pressing need for ammonia mitigation in sensitive water ecosystems.
• NitrEL system: An innovative electrochemical water treatment solution that effectively reduces nitrate concentrations in contaminated drinking water, groundwater, and industrial process wastewater streams. The NitrEL system represents a significant advancement in addressing nitrate pollution, which is a growing concern worldwide.
• AmdEl: An electrochemical system developed to prevent the oxidation of sulphide minerals in tailings or waste rock, thereby mitigating the environmental impact associated with sulphide mineral processing and disposal in the mining industry.
• ExtrEL for metal recovery: This technology is specifically designed for the recovery of metals from sulphide tailings and ore. ExtrEL provides a sustainable solution for the mining sector, enabling the extraction of valuable metals from waste products, which would otherwise be considered environmental liabilities.