Melbourne, Sept 5, 2008 (ABN Newswire) - Clean TeQ Holdings Limited (ASX:CLQ), an Australian technology company in resource recovery and air and water purification, today announced that the Company's wholly owned subsidiary, Clean TeQ Limited, has entered into a licence agreement with BHP Billiton Olympic Dam Corporation Pty Ltd for its patented resin technology (marketed as Clean-iX(R)), which will be included in technology options being evaluated by BHP Billiton Limited (ASX:BHP) in their proposed expansion of the Olympic Dam uranium mine at Roxby Downs in South Australia.

'This non-exclusive licence agreement entered into on confidential terms, is further evidence of the potential of the Clean-iX(R) resin technology owned and developed by Clean TeQ. This licence agreement follows on from the nickel and cobalt licence entered into with BHP Billiton and Vale for the use of the Clean-iX(R) resin technology and the recent announcement regarding the construction of a pilot plant using this technology at Paladin Energy's Langer Heinrich uranium mine', Clean TeQ's Chief Executive Officer, Greg Toll, said.

'This Clean-iX(R) technology has numerous hydrometallurgical applications. We continue to explore further opportunities for the application of this technology particularly in the gold industry. As these opportunities are formally contracted further announcements will be made,' said Mr Toll.