The Hon. Tim Wilson, Assistant Minister for Energy and Emissions Reduction toured Mineral Carbonation International’s (MCi) pilot carbon plant in Newcastle today. Wilson inspected the facilities, and renewed the government’s commitment to supporting Carbon Capture, and Utilisation (CCUS) technologies, identified as a priority in its Technology Investment Roadmap.
MCi has previously received three competitive grants from the Commonwealth that have enabled the development and construction of this world-leading emissions reduction technology.
“The journey to net zero and beyond depends on capturing new and existing emissions. MCI is doing world-leading research to convert carbon dioxide waste into usable, competitive products that will create jobs and economic opportunity as part of building Australia’s industrial future.”
- Hon. Tim Wilson after touring the MCi Pilot Plant
Angus Taylor, the Minister for Energy and Emissions Reduction, recently awarded the cleantech developer MCi one of the largest individual grants from the 2021 Carbon Capture, Utilisation, and Storage (CCUS) Fund. The $14.6 million dollar grant is accelerating the construction of MCi’s larger demonstration plant with its partner Orica at Kooragang Island in Newcastle.
Federal support is enabling MCi to advance its technology towards export and continue to gain global recognition. Such as when they successfully claimed the title of No.1 Clean Energy Start-Up at the UN Climate Change Conference (COP26) in Glasgow from amongst 2700 other competing companies.
Carbon Capture and Utilisation is a growing industry that captures carbon either from industrial processes, or from the atmosphere, and then turns it into usable materials. This ground-breaking process allows for industry to avoid carbon emissions, whilst continuing to make a profit. MCi is a leader in the rapidly emerging sector of cleantech, decarbonisation, emissions reduction, and carbon removal solutions.
“The Australian government has been a crucial supporter and advocate for ourtechnology since the outset. We look forward to continuing to work with the federal government as we bring our technology to market and show how technology produced by Australian ingenuity can be a key component in combating the climate crisis.”
- Jez Smith, MCi Board Director
For more information
Mineral Carbonation International (MCi)
Phone: +61 490 118 576