Canadian carbon capture company Arca has said it is working with nickel producers, including Brazil’s Vale (BVMF: VALE3), US-based Talon Metals (TSE: TLO), and Australia’s Poseidon Nickel (ASX: POS), NickelSearch (ASX: NiS) and Blackstone Minerals (ASX: BSX), to advance carbon dioxide (CO2) removal at mine sites on three continents.
Arca offers its patent-pending mineral activation technology to nickel mine developers and operators globally to capture and permanently store CO2 in mine tailings, helping them measure, maximize, and monetize the carbon sequestration potential of their mining by-products.
The technology uses high-intensity bursts of energy to transform and disrupt the mineral lattice structure of magnesium-rich minerals, increasing both the rate and capacity for carbon capture and storage.
“Our mineral activation technology significantly accelerates the natural process of carbon mineralization using mine tailings from ultramafic rocks. This helps these companies transform their tailings into industrial-scale direct air capture and storage facilities, transforming mine waste into a valuable new resource and climate solution,” Professor Greg Dipple, co-Founder and Head of Science at Arca, explained.
Relevant: Research: Carbon Capture Crucial To The Future Of Natural Gas
According to the statement, Arca has achieved never-before-seen rates of air capture and capacity for CO2 storage, operating at atmospheric air temperature and pressure, with the material from its mining partners.
Arca can work with mines that have been closed, junior mining companies which are under development, and existing mine operations of any size, and its current customer portfolio includes companies operating in key mining jurisdictions such as Australia, Canada, Southeast Asia, and the USA.
Arca, previously known as Carbin Minerals, has received international recognition, including a US$1 million XPRIZE Milestone Award for Carbon Removal, a Foresight50 Award as one of Canada’s most investable cleantech ventures, and an SDTC Seed Fund grant.
On June 20, co-founder Dr Dipple is scheduled to present the company’s technology at the CSIRO symposium on locking carbon in minerals in Perth, Australia.
Read more: Carbin Minerals Wins XPRIZE $1M Prize For Mining Tech
