MCi Carbon
Newcastle, New South Wales, Australia
Team size: 11 - 50
Sector: Manufacturing and materials
About MCi Carbon
Founded date: 2013
Connect: mineralcarbonation.com
Company revenue: US$ 5 - 10 million
Investors: Mizuho Bank, RHI Magnesita NV
Company stage: Other
MCi Carbon (MCi) is a world-leading and award-winning Australian clean technology company transforming carbon dioxide (CO2) into building products and materials for the circular carbon economy. Based in Canberra, MCi Carbon has a technical headquarters in Newcastle, a global reference pilot plant at the Newcastle Institute of Energy and Resources (NIER) and will soon be building one of the world's first mineral carbonation demonstration plants at Orica's Kooragang Island manufacturing site, operational in 2024. Founded in 2013, MCi’s proprietary mineral carbonation technology is a low-cost, low-pressure, low-energy chemical engineering process to transform CO2 emissions from industrial sources into solid materials for use in a range of products. MCi has received local and international recognition for its R&D, recently awarded the Circular Transition Award at the 34th National Banksia Sustainability Awards and the NSW Clean Technology Award. In 2021, MCi won first prize at the Clean Energy Start-up Pitch Battle at COP26 in Glasgow. Other global accolades include the 2018 Resource Innovator of the Year Award at the New Materials Summit in Berlin and being featured at the World Economic Forum Pioneers of Change Summit, building momentum as a global brand and a leader in carbon capture and utilisation (CCU). Recently featured in Bloomberg, Forbes, and the Australian Financial Review, MCi CEO Marcus Dawe and COO Sophia Hamblin Wang were named in the Top 100 Australian Green Power Players, published in The Australian. Watch: Learn About MCi's Technology https://www.mineralcarbonation.com/videos Watch: Our Winning Pitch at COP26 Where MCi Won Amongst Thousands of Competitors https://www.youtube.com/watch?v=EfTgjWFCQD8&t=65s&ab_channel=NetZeroTechnologyCentre