Australian mining company Winsome Resources has put together a decarbonization strategy that includes exploring the potential for a world-first lithium production process that will also incorporate carbon dioxide removal (CDR).
On its sustainability journey, Winsome has entered a strategic partnership with carbon registry Isometric, shaping its decarbonization strategy in alignment with Isometric guidelines.
As part of the plans for managing its carbon emissions, Winsome has also signed Memorandums of Understanding (MOUs) with Arca Climate Technologies Inc., Exterra Carbon Solutions, and Aquarry to explore various CO2 removal technologies that could be installed at the company’s potential Renard Operation.
Located in Quebec, Canada, the Renard site is home to a former diamond mine owned by Stornoway Diamonds, which was put up for sale by the owner in 2023.
Following this development, in 2024, Winsome agreed to acquire the Renard site, making payments to extend the deadline for finalizing the purchase, with a final decision expected to be made by February 28th, 2025.
Once the site becomes ownership of Winsome, it will be repurposed to help with the operations of Winsome’s Adina Lithium project, located about 60 kilometers north from the Renard mine.
The future industrial-scale carbon sequestration vision for Renard includes using processed material from its existing containment area to generate verified carbon credits.
Read more: Exterra, Énergir Join Forces To Advance Carbon Sequestration In Quebec
As Winsome prepares to enter the voluntary carbon market, it will follow the rigorous Monitoring, Reporting and Verification (MRV) frameworks issued by Isometric, ensuring that the carbon credits generated from its operations meet high-quality standards.
Chris Evans, managing director at Winsome, explained that the Renard project represents a unique opportunity for the company to lower its CO2 footprint and align environmental progress with economic growth.
He stated, “Exploring the integration of lithium processing with carbon sequestration allows us to create additional value—contributing to global climate goals, delivering local economic benefits, and ensuring our operations set a new standard for sustainable resource development.”
Relevant: Deep Sky Survey: Majority Of Québecers Support Carbon Removal
