en.Wedoany.com Reported - Carbon removal solutions provider Carbon Direct and mineralization technology company Arca recently announced a partnership to jointly scale industrial mineralization carbon removal. The two parties will integrate Carbon Direct's experience in project financing and carbon credit markets with Arca's mineralization technology, aiming to accelerate the process of permanently removing carbon dioxide from the atmosphere.

Headquartered in New York, USA, Carbon Direct is a science-driven investment and advisory firm focused on carbon removal projects, having provided certification and financing support for over 50 carbon removal projects globally. Arca, headquartered in Canada and founded in 2022, has completed pilot validation of its mineralization technology in industrial tailings and mine waste scenarios. Under this partnership, Carbon Direct will be responsible for project development, certification, and financing support, while Arca will provide core technology and engineering deployment.

Currently, mineralization carbon removal is one of the carbon removal technology pathways second only to direct air capture, with estimated costs ranging from $50 to $200 per tonne of CO2 removed. This partnership will advance the commercial deployment of mineralization carbon removal technology, offering nature-based, engineered carbon removal solutions for businesses and governments. The next step involves both parties planning to build demonstration projects near mines and industrial emission sources.

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