In a move towards global sustainable industrial decarbonisation, MCi Carbon, an Australian clean technology platform, have commenced preliminary engineering work for their first industrial large-scale plant in collaboration with world-renowned refractories leader RHI Magnesita. Alongside an additional multi-million-dollar investment from RHI Magnesita, this accelerates MCi Carbon’s mission to scale-up and commercialise their carbon capture and utilisation technology.
“This investment marks a pivotal moment for MCi Carbon and underscores the trust our partners place in our transformative technology. With RHI Magnesita’s support, we are poised to accelerate our global commercialisation efforts and address the challenges faced by heavy industries in achieving decarbonisation,” said Marcus Dawe, Founder and CEO of MCi Carbon.
“The partnership with the Australian CleanTech startup MCi Carbon is forward-looking and their technological approach is particularly interesting because it combines carbon capture storage and carbon utilisation. This is currently the most promising way for the refractory industry to reduce process emissions,” said Stefan Borgas, CEO of RHI Magnesita.
The investment will facilitate completion of the Myrtle facility, which is currently being constructed in Newcastle, Australia. Once complete, Myrtle will abate over 1000 tonnes of CO2 annually through customer-focussed trial campaigns. The company is scaling its technology to provide decarbonisation pathways for hard-to abate sectors including steel, cement, lime, mining, chemicals and manufacturing.