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The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. to finance the development and production of low-carbon fuels and energy transition metals. NORI and Low Carbon Royalties are a great fit.

Carbon 352
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Nucor investing in start-up company Electra developing zero-carbon iron technology

Green Car Congress

Nucor Corporation, a North American manufacturer of steel and steel products, has made an equity investment in Electra , a Colorado-based start-up developing a process to produce carbon-free iron that can be used to make steel. Electra’s process results in zero carbon dioxide emissions.

Carbon 293
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Occidental to acquire direct air capture technology company Carbon Engineering for $1.1B

Green Car Congress

Occidental announced that a wholly owned subsidiary— 1PointFive —has entered into a definitive purchase agreement to acquire all the outstanding equity of Carbon Engineering Ltd. (CE) Occidental has been working with Carbon Engineering on direct air capture (DAC) deployment since 2019. Earlier post.) Earlier post.)

Carbon 150
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CATL to adopt Toyocolor’s conductive carbon nanotube dispersions

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Toyocolor, the colorants and functional materials arm of the specialty chemicals company Toyo Ink Group of Japan, announced that the company’s Lioaccum conductive carbon nanotube (CNT) dispersions ( earlier post ) have been selected by the world’s largest battery manufacturer CATL (Contemporary Amperex Technology Co.,

Carbon 457
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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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SAF company DG Fuels closes investments with two Japanese companies

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DG Fuels, LLC (DGF), a developer of sustainable aviation fuel (SAF) facilities ( earlier post ), announced the successful closing of investment transactions with two Japanese companies. These changes eliminate the need for carbon sequestration and reduce the system’s feed-stock handling costs and complexity. Chishima Real Estate Co.,

Companies 370
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Kia EV6 achieves product carbon footprint certification from the Carbon Trust

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Kia EV6 ( earlier post )has achieved product carbon footprint certification and ‘ Carbon Measured ’ label from the global climate change and sustainability consultancy the Carbon Trust, becoming the first Korean vehicle manufacturer to achieve the certificate. The EV6 is the first model to be launched under this new strategy.

Carbon 435