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Work begins on largest direct air carbon capture plant

29 June 2022

Construction has begun to build the Mammoth direct air carbon capture and storage plant in Iceland with completion expected within two years.

It is designed to provide a step-change in direct air carbon capture and storage, with manufacturer Climeworks intending to deliver large, modular, direct air capture and storage facilities following its raising of $650m of equity.

The Mammoth is designed to capture 36,000 tons of CO2 per year, with one of Iceland's electricity suppliers set to supply renewable energy for the entire process.

The captured carbon dioxide will be processed by the company's CO2 storage partner Carbfix in its underground storage facilities.

Climeworks stated that the Mammoth is an important step in the provision of multi-megaton direct air carbon capture capacity by 2030.

This will then be followed by further continuous development to achieve gigaton capacity by 2050.

The company further stated it has signed "several 10-year offtake agreements" in recent months, following the launch of its Orca project in September 2021.

Its co-founder and co-chief executive officer Jan Wurzbacher described the latest announcement as "a very important day" for both his business and industry.

"With Mammoth, we can leverage our ability to quickly multiply our modular technology and significantly scale our operations.

"We are building the foundations for a climate-relevant gigaton-scale capacity, and we are starting deployment now to remain on track for this," he said.

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