Coralia and A Healthier Earth partner on Great Barrier Reef biochar offtake

NoviqTech subsidiary Coralia signed a Memorandum of Understanding (MOU) with A Healthier Earth to evaluate a long-term carbon credit offtake agreement. The MOU covers a minimum of 70% of the biochar carbon removal credits generated by Coralia's Great Barrier Reef Biochar Project in Queensland, Australia. The project aims to process two million tonnes of agricultural biomass waste and generate 550,000 tonnes of carbon dioxide removal credits over its lifespan. This collaboration seeks to provide high-integrity carbon removal solutions for hyperscale data centres while addressing invasive woody weed species in Queensland.