MARKETS

CO2CRC milestone

CARBON storage in Australia has hit its first major milestone with 10,000 tonnes of carbon dioxid...

Vivienne Ryan

The study being carried out by the Cooperative Research Centre for Greenhouse Gas Technologies (CO2CRC) successfully piped, injected and stored carbon dioxide into the deep reserves and is now looking at its next 10,000t.

The CO2CRC $40 million Otway Project is Australia’s first demonstration of geosequestration and is taking place in southwest Victoria.

The project aims to inject 100,000t of compressed fluid CO2 and store it through geosequestration proving the technique is technically and environmentally sound.

CO2CRC chief executive Peter Cook said the research centre was closely monitoring the carbon dioxide and so far it was behaving just as the researchers had predicted.

“Through our monitoring programs researchers track the behaviour of the carbon dioxide in the storage reservoir using very sophisticated geophysical and geochemical techniques,” Cook said.

“Soil, groundwater and atmospheric monitoring complement the subsurface activities. The use of such a wide variety of monitoring techniques gives us a high level of confidence that the compressed liquid carbon dioxide is stored safely and securely.

“The injection process is proceeding very well and we are now starting on our next 10,000 tonnes.”

The project has been developed over the past 10 years and was officially opened on April 2 by federal Resources and Energy Minister Martin Ferguson.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets