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Peridotite Mineralisation

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Peridotite mineralisation is a natural process, the earth is doing it all the time, but in nature it can take decades to mineralise even a small amount of CO2. We accelerate the process, meaning we can potentially mineralise as much as a billion tons of CO2 every year. We do this by injecting CO2, dissolved in water into peridotite formations deep underground. We have a range of proprietary technologies to help us do this, and we are investing in R&D to make our process as cost-effective and efficient as possible.

 

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Each ton of peridotite can mineralise 500-600kg of COwithin 12 months, a greater absorption potential than any other rock. Peridotite is found in abundance in Oman, where we began our operations, but in total, there are trillions of tons of peridotite mineralisation potential in America, Europe, Asia and Australasia.

For every ton of CO2 mineralised, we create a valuable carbon credit which can be sold in the open market or utilised to decarbonise hard to abate emissions.

Carbon credits for mineralised CO2 sell at a premium compared to carbon ‘storage’ which never truly removes the CO2 and requires lifetime monitoring and insurance.

The carbon market is growing rapidly and the kind of high-quality, permanent carbon credits that 44.01 produces are in increasing demand.

Peridotite mineralisation is a natural process. CO2 dissolved in rainwater is reacting with peridotite all the time, but in nature it can take decades to mineralise even a small amount of CO2 . We accelerate this process to mineralise CO2 in less than twelve months.