Frontier commits $11.7 million to 44.01 for 20,932 tonnes of CO2 removal

Frontier, a corporate-backed carbon removal buyers' coalition, has signed an $11.7 million offtake agreement with 44.01 to purchase 20,932 tonnes of carbon removal. The deal, Frontier's first for in-situ mineralisation technology, will support trials in the UAE to convert biogenic CO2 into solid minerals underground. Deliveries are scheduled between 2028 and 2031, aiming to demonstrate continuous operations and assess commercial viability. This agreement seeks to bridge the gap between demonstration projects and commercial deployment for this permanent carbon storage method.

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