The US Department of Energy has awarded $2.2 million of funding
to a Rio Tinto-led team to explore carbon storage potential at the
Tamarack nickel joint venture in central Minnesota.
Rio Tinto has assembled a team of climate innovation and
research leaders to explore new approaches in carbon mineralisation
technology as a way to safely and permanently store carbon as rock.
Rio Tinto will contribute $4 million in funding for the 3-year
project, in addition to the funding from the Department of Energy’s
ARPA-E Innovation Challenge.
Carbon mineralisation uses natural chemical reactions to convert
captured carbon dioxide (CO2) into rock and store it underground.
It has the potential to be an important technology in meeting
global climate goals and is now being used at large scale by the
world’s leading carbon mineralisation company Carbfix in
Iceland.
Rio Tinto’s technical experts will work with partners including
the Department of Energy’s Pacific Northwest National Laboratory
(PNNL), which has demonstrated carbon mineralisation technology in
Washington state; Columbia University; Carbfix; and Advantek Waste
Management Services. Talon Metals, the majority owner and operator
of the Tamarack Nickel Project and Rio Tinto’s joint venture
partner, is contributing ore body knowledge and land access for
scientific field work.
Rio Tinto Chief Scientist Dr Nigel Steward said “Our aim is to
deliver carbon storage solutions that can help to meet climate
targets by reducing and offsetting emissions from our operations
and in other industries, and to explore the emerging commercial
opportunities carbon storage may offer at Rio Tinto sites around
the world. We will be working with leading researchers and
innovators to prove the carbon storage potential of the Tamarack
site and develop mineralisation solutions that can be used not just
here but at other similar locations.”
PNNL CO2 subsurface sequestration expert Todd Schaef said “This
work will leverage the knowledge gained from PNNL’s Wallula Basalt
Carbon Storage Pilot Project, the only supercritical CO2 injection
in basalt demonstration in the world. We will be developing
forward-looking carbon storage strategies with Rio Tinto and the
broader team. PNNL stewards a suite of capabilities that allow us
to look at real-time CO2 interactions with rocks under extreme
conditions. We are proud to bring interdisciplinary expertise with
computational scientists, geochemists, and engineers who have been
researching the subsurface mineralisation of CO2 for decades.”
Columbia Climate School Founding Dean Sir Alex Halliday said “We
are truly excited by the opportunity that this partnership brings
to rapidly advance carbon management technologies at scale. This is
an important project and a superb example of the work for which the
Columbia Climate School was established; bringing climate knowledge
to action through transdisciplinary projects with critical public
and private partnerships. We look forward to much more to
come.”
Carbfix CEO Dr. Edda Aradottir said “This project will bring
together leading industrial players, academics and experts
demonstrating the international partnerships needed for accelerated
climate action. Carbfix is a global pioneer in carbon
mineralization with a proprietary technology that can play a vital
role in climate action, having over a decade long experience in
safely injecting and storing CO2 from emission sources as well as
the atmosphere. We are excited to bring our expertise to this
partnership and help find solutions for the unique geological
conditions found at the Tamarack site.”
Talon Metals CEO Henri van Rooyen said “Rio Tinto has assembled
a uniquely qualified team of scientists and innovators to explore
new approaches to harness carbon mineralisation as a way to safely
and permanently store carbon sourced from hard-to-abate industries
and carbon removed from the atmosphere.
“Talon is pleased to host this project here in Aitkin County
Minnesota, which will be at the forefront of new approaches to
climate science.”
Analyses by the UN Intergovernmental Panel on Climate Change
show that billions tons of CO2 must be removed from the atmosphere
in order to keep global warming to less than 2°C, and that this
will not only require deep reductions in emissions but also carbon
dioxide removal technologies. While Rio Tinto is prioritising
emissions reductions at mines and smelters, it is also exploring
the potential role of carbon capture and mineralisation to safely
and permenantly store carbon in solid form.
Notes to editors
Tamarack is a nickel, copper and cobalt project located in
central Minnesota that is currently progressing towards feasibility
studies. The project is managed by Rio Tinto’s joint venture
partner Talon Metals, which holds a 51 per cent share and has a
right to earn-in to acquire up to 60 per cent.
Until now, large scale carbon mineralisation projects have
focussed on areas with certain types of rock formations known as
basaltic lava geology, such as Carbfix’s sites in Iceland. In
contrast, the Tamarack Nickel Project includes a large bowl of what
is known as porous ultramafic rock. While this bowl sits outside
the resource of nickel and other battery minerals, it has the
potential to safely store hundreds of millions of tons of carbon in
solid form through natural reactions.
The project will include laboratory studies and field work to
confirm the carbon storage potential of the site, understand the
area’s hydrology and assess different carbon mineralisation
technologies, developing a roadmap by 2025 to guide decisions on
implementation.
The Tamarack site is also planned to host the first deployment
of climate technology start-up Carbon Capture’s innovative Direct
Air Capture technology, which captures carbon dioxide from the
atmosphere and offers a potential supply source of carbon for
mineralisation. Rio Tinto has invested $4 million in Carbon Capture
to support the development of its technology and feasability
studies for the deployment at Tamarack are now underway.
Rio Tinto is also partnering with Carbfix to help deliver the
world’s first carbon mineral storage hub in Iceland and implement
carbon capture and mineral storage at the ISAL aluminium
smelter.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220214005477/en/
Please direct all enquiries to media.enquiries@riotinto.com
Media Relations, UK
Illtud Harri M +44 7920 503 600
David Outhwaite M +44 7787 597 493
Media Relations, Australia
Jonathan Rose M +61 447 028 913
Matt Chambers M +61 433 525 739
Jesse Riseborough M +61 436 653 412
Media Relations, Americas
Matthew Klar T +1 514 608 4429
Investor Relations, UK
Menno Sanderse M: +44 7825 195 178
David Ovington M +44 7920 010 978
Clare Peever M +44 7788 967 877
Investor Relations, Australia
Natalie Worley M +61 409 210 462
Amar Jambaa M +61 472 865 948
Rio Tinto plc
6 St James’s Square London SW1Y 4AD United Kingdom
T +44 20 7781 2000 Registered in England No. 719885
Rio Tinto Limited
Level 7, 360 Collins Street Melbourne 3000 Australia
T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404
Category: General
Rio Tinto (ASX:RIO)
Gráfico Histórico do Ativo
De Dez 2024 até Jan 2025
Rio Tinto (ASX:RIO)
Gráfico Histórico do Ativo
De Jan 2024 até Jan 2025