October 19, 2022
Forward Water Technologies (TSXV:FWTC)) helps in the reduction of environmental impact of lithium mining companies and other industries through innovative wastewater treatment technology that enables industrial operations to reduce liquid waste volume by up to 95 percent.
Transformative wastewater technologies are critical for both businesses and the world’s population. In fact, unless sufficient progress is achieved, UNICEF and WHO estimate that 1.6 billion people will be without access to safe drinking water by 2030, and 2.8 billion will be without access to safe sanitation and hygiene. Water treatment technologies can disrupt current trends and improve global access to safe drinking water.
Company Highlights
- Forward Water Technologies has developed a patented wastewater treatment technology that reduces wastewater volume and improves reusability across multiple industries, including mining and food manufacturing.
- The company’s Forward Osmosis technology disrupts the traditional method of wastewater disposal by reducing the amount of waste that must be transported and disposed of, directly reducing costs.
- The FO technology also improves water reusability by up to 95 percent, reducing the expense of importing water for industrial processes.
- The Forward Water Technologies Li-FOâ„¢ process is applicable in the lithium mining sector by improving concentration by up to 20 times, allowing organizations to improve extraction efficiency.
- The company has partnered with a lithium-brine extraction operation to evaluate its Li-FOâ„¢ technology.
- An experienced management team with a blend of relevant technical expertise leads the company toward refining and marketing its technology.
This Forward Water Technologies profile is part of a paid investor education campaign.*
FWTC:CA
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