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Australian direct air carbon capture tech company secures US$700,000 deal

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An Australian prototype carbon capture and storage machine has secured a US$700,000 contract and this deal is thought to be the first time an Australian company has obtained a deal to remove CO2 using direct air capture (DAC) technology.

The Australian company, AspiraDAC, will use about 180 of the machines to capture and store 500 tonnes of CO2 by 2027 at an agreed US$1,000 a tonne.

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