en.Wedoany.com Reported - TKMS, Heirloom Carbon Technologies, and thyssenkrupp Calvion are collaborating on a large-scale Direct Air Capture (DAC) project in Alberta, Canada.

The three partners will jointly build a DAC hub that complies with Canada's Industrial and Technological Benefits (ITB) Policy.

According to the announcement, the companies signed two Memoranda of Understanding (MOUs) agreeing to construct a large-scale DAC facility. The project is expected to create long-term local jobs and have a significant impact on GDP.

Through the signed MOUs, the companies have established a framework to support DAC research, technology transfer, and commercialization in the Canadian market.

The ambitious project will be developed with substantial investment from TKMS, combining Heirloom's expertise in carbon dioxide removal (CDR) with thyssenkrupp Calvion's skills in engineering and scaling, large-scale material handling, system integration, and delivery of complex plants.

Heirloom Carbon Technologies will leverage its expertise in accelerated mineral carbonation. This process greatly accelerates the natural rate at which rocks absorb carbon dioxide from the atmosphere to support DAC development and help create a low-cost, scalable CDR supply chain in Alberta.

Alberta, with its abundant natural resources, skilled professionals, and advanced technology, has become an ideal location for climate solution development.

This DAC collaboration aims to position Canada as a globally competitive producer and exporter of low-carbon products such as CDR credits and low-carbon fuels.

The collaboration will also directly support Canada's ITB Policy, ensuring that Canadian companies gain access to technology, knowledge, intellectual property, and capital, while creating high-value economic activity in the clean technology sector.

"Alberta's natural resource base, workforce, and technical capabilities provide a compelling foundation for the research, development, and scaled deployment of carbon removal," said Max Scholten, Head of Commercialization at Heirloom Carbon Technologies. He added, "Our collaboration with TKMS and thyssenkrupp Calvion lays the groundwork for investments that will remove carbon, produce low-carbon fuels, create lasting jobs, and solidify Canada's position in the global decarbonization market."

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