NoviqTech (ASX: NVQ) subsidiary Coralia has entered into a strategic agreement with Pure Data Centres (PDC) Group subsidiary A Healthier Earth (AHE) to assess carbon removal offtake and production facility construction at Coralia’s flagship Great Barrier Reef biochar project in North Queensland.
The partnership will address the critical components of large-scale carbon removal, specifically focusing on feedstock sourcing, process optimisation, and performance assessment to ensure the production of high-quality carbon removal credits that meet international standards.
It will assess the economic feasibility of AHE securing a long-term credit offtake for a minimum of 70% of total biochar carbon removal credits from Great Barrier Reef.
The project aims to convert an estimated 2 million tonnes of agricultural biomass waste and woody weed species into approximately 550,000 high-integrity biochar CDR credits over its lifetime.
Climate Tech R&D Subsidiary
AHE is PDC Group's climate tech research and development (R&D) subsidiary.
The group delivers environmental projects through science, systems thinking, and practical execution.
It focuses on removing carbon from the atmosphere, decarbonising digital infrastructure and helping communities adapt to the impacts of climate change.
The new agreement will combine Coralia’s site-specific development capabilities with AHE’s biochar commercialisation expertise, along with access to both premium quality biochar machinery and established carbon market offtake networks.
Comprehensive Production Trials
Coralia and AHE will work exclusively to conduct comprehensive production trials on the project site.
The two will also explore additional commercial opportunities to collaborate on, including a potential joint venture for the construction of a biochar production facility.
Coralia will lead the physical site development, production trials, and feasibility work, along with responsibility for ensuring operations align with local permitting, planning laws, and international carbon registry certifications.
AHE’s technical and scientific teams will review the project outputs, analyse trial data, provide the machinery for fast-start operations, and utilise its platform to commercialise the resulting credit stream.
‘Supercycle’ of Demand
NoviqTech said the partnership entered the market during a “supercycle” of demand for high-integrity biochar carbon removals.
This has been driven by the global expansion of data centres and AI infrastructure.
Tech-based removals—such as biochar—trade at a significant premium due to their 1,000+ year sequestration profile, with prices for high-quality biochar credits currently ranging up to US$220 per tonne.
With much of this year’s global supply already secured under offtake, the Great Barrier Reef project positions Coralia to capture significant value in a supply-constrained market.
