- Write by:
-
Tuesday, February 15, 2022 - 12:40:21
-
701 Visit
-
Print
Mining News Pro - The U.S. Department of Energy has awarded $2.2 million in funding to a team led by Rio Tinto (ASX: RIO; NYSE: RIO) to investigate carbon storage potential at the Tamarack nickel project in Minnesota. The project is a joint venture of Rio Tinto (81.5%) and Talon Metals (TSX: TLO) (18.5%). The advanced exploration project is located about 85 km west of Duluth.
Besides the DOE contribution of $2.2 million, Rio Tinto is contributing $4 million to the three-year project.
The team intends to investigate new approaches in carbon mineralization technology as a way to store carbon dioxide safely and permanently. The technology uses natural chemical reactions to convert carbon dioxide into rock and store it underground. Rio Tinto hopes a solution will be found that can help meet its climate targets for its own operations and share the solution with other industries.
“Rio Tinto has assembled a uniquely qualified team of scientists and innovators to explore new approaches to harness carbon mineralization as a way to safely and permanently store carbon sourced from hard-to-abate industries and carbon removed from the atmosphere,” Talon Metals CEO Henri van Rooyen said in a statement.
The team will be made up of leaders from the DOE’s Pacific Northwest National Laboratory (PNNL), which has demonstrated carbon mineralization technology in Washington state; Columbia University; Carbfix; and Advantek Waste Management Services. Talon Metals, the 51% owner and operator of the Tamarack nickel project, is contributing orebody knowledge and land access for scientific field work.
Other miners are also studying carbon capture at mining operations as they wrestle with how to meet the goal of net zero emissions by 2050.
Short Link:
https://www.miningnews.ir/En/News/620657
Interros, Nornickel’s largest shareholder, on Monday called allegations by fellow shareholder Rusal about undervalued ...
A Native American group has asked all members of a US appeals court on Monday to overturn an earlier ruling that granted ...
The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13 to comply ...
The world’s coal-fired power capacity grew 2% last year, its highest annual increase since 2016, driven by new builds in ...
Peabody Energy Corp. shares sunk to the lowest in seven months after the biggest US coal miner warned that first-quarter ...
French mining group Eramet said on Wednesday it had reached an agreement with the French government to continue its ...
BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being ...
Copper jumped to its highest intraday price since January 2023 as the bellwether industrial metal faces rising tighter ...
BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being ...
No comments have been posted yet ...