Arca provides financial support from B.C.’s renowned center for innovation and clean energy to carbon mineralization

Carbon mineralization company Arca announced today that it has received a $1.25 million grant from BC’s Center for Innovation and Clean Energy (CICE).

carbon mineralization

The funds will be used to support a pilot project starting today for gas rock carbon mineralization using tailings from BHP Billiton’s Mt Keith Nickel West mine in Australia.

CICE chose to fund Arca because it is one of the first companies to commercialize mineralization to capture and store atmospheric carbon dioxide based on cutting-edge scientific research and technology development. With this grant, Arca is now able to implement and scale its solution in a global environment.

The 18-month project will test and validate Arca’s method of capturing and permanently storing atmospheric carbon dioxide, demonstrating to the mining industry that Arca’s technology can be safely and successfully integrated into operating mines.

Arca is a pioneer in carbon mineralization

“Arca is truly a pioneer in engineered mineralization carbon removal. The company’s powerful combination of world-leading science and innovation, team experience and global expansion strategy is consistent with CICE’s mission.” CICE Chief Operating Officer Todd Sayers said. “With the support of CICE, Arca is in an excellent position to accelerate implementation at scale.”

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Arca enables mines to permanently remove carbon dioxide while producing the metals needed to transition to clean energy. Arca uses rovers, surface manipulation technology and machine learning algorithms to manipulate tailings to significantly accelerate carbon mineralization; measure critical carbon capture; and sell verifiable and permanent carbon dioxide removal (CDR) credits. The process is unique because atmospheric carbon dioxide is captured and stored in a single step.

“Canadian innovators are leading the way towards a more prosperous, low-carbon economic future, including through the use of carbon management technologies. Canada’s leadership in carbon management technologies extends to all industrial sectors, including mining. Arca’s innovative air-rock carbon mine ization projects are an example of the technologies we must accelerate to achieve a net-zero future in 2050, while attracting investment and reducing emissions today. As part of Canada’s carbon management strategy, the federal government is pleased to support these developments across the country, including our partners in CICE in British Columbia,” said the Honorable Jonathan Wilkinson, Canada’s Minister of Natural Resources.

“The CICE grant is an important milestone for Arca, allowing us to accelerate our ability to deliver technology and innovation to mining companies around the world and accelerate our shared mission to support a carbon neutral future,” Dr Arca said. Greg Dipple, co-founder of Arca.

“There is already too much carbon dioxide in the atmosphere,” said Arca CEO Paul Needham. “CICE’s support gives us the opportunity to rapidly test our negative emissions technology with companies that produce key metals for the clean energy transition.”

Arca works with critical metals producers around the world to help them assess and quantify the carbon mineralization potential of tailings. The company’s technology has received a $1 million XPRIZE Carbon Removal Milestone Award and two Foresight50 awards, and has received support from Sustainable Development Technology Canada (SDTC), the National Research Council of Canada’s Industrial Research Assistance Program (NRC IRAP) and Lower Carbon Capital Support Support and the Grantham Foundation. Arca has sold hundreds of tons of carbon dioxide removal (CDR) credits to Shopify and Frontier.

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