A first-of-its-kind Australian facility will transform greenhouse gases into construction materials such as concrete, glass and paint in an effort to establish a new green industry.
MCi Carbon opened the Myrtle carbon refinery in Newcastle on Wednesday, expanding its base from the University of Newcastle after 15 years developing the technology.
The NSW company will use the facility to demonstrate the commercial potential of carbon-embodied materials, starting with an Austrian firm.
The announcement comes days after a poll showed wide support for a renewable energy export industry in Australia, and after the government announced a target to reduce emissions by up to 70 per cent in 2035.
The carbon refinery, located beside Orica's ammonia plant on Kooragang Island, could transform up to 2500 tonnes of carbon dioxide into 10,000 tonnes of saleable products each year.
