- Write by:
-
Tuesday, February 15, 2022 - 12:40:21
-
707 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
South African diversified miner Sibanye Stillwater is discussing with lenders to temporarily lift limits on borrowings, ...
The Philippines said on Friday it aimed to add three more processing plants in the effort to develop a downstream ...
Canada’s mining industry is pushing for an carveout to the federal government’s proposed increase to capital gains ...
Japan’s top steelmaker, Nippon Steel, is sticking to its plan to close a deal by year-end to buy US Steel, which it ...
Australia will spend A$566 million ($373 million) over the coming decade to map out resource deposits with a focus on ...
Indonesia’s nickel reserves are sufficient for expanded processing operations, an investment ministry official said on ...
Copper briefly traded through $10,000 a ton as investors raised bets on Federal Reserve rate cuts, and Goldman Sachs ...
Albemarle, the world’s largest producer of lithium for electric vehicle batteries, could look at reducing capital ...
Emerging North American gold producer Contango ORE is boosting its landhold in Alaska with the acquisition of Canada’s ...
No comments have been posted yet ...