Aker Carbon Capture extends partnership with Carbfix

Aker Carbon Capture and Carbfix have extended their partnership aimed at combining their technologies to explore carbon capture and storage (CCS) value chains, Aker Carbon Capture said on May 9.

The memorandum of understanding has a duration of two years and is non-exclusive. The two companies aim to work together on point source capture and storage volumes between 100,000 metric tons/year – 1mn metric tons/year CO₂, especially from hard-to-abate industries such as cement, gas-to-power, and waste-to-energy.

The Carbfix technology involves dissolving CO₂ in water and injecting it into porous basaltic stone formations, where natural processes cause the CO₂ to form stable carbonate minerals within two years.

Aker Carbon Capture's proprietary technology can be applied to both existing and new-build plants. The company's flagship projects, Brevik CCS and Twence CCU, are currently the large-scale carbon capture projects in the construction phase in Europe, it said.

In July 2021, both companies joined forces with Elkem Iceland in the mission towards reducing CO₂ emissions from Elkem Iceland's ferrosilicon plant through carbon capture and mineral storage in basalt structures.

Aker Carbon Capture and Carbfix are now extending this partnership towards their shared strategic focus areas: point source emissions and CO2 hub projects across Europe and North America. Aker Carbon Capture and Elkem are also currently testing carbon capture at latter’s smelting plant in Rana, Norway.