Rinehart backs carbon tech play

A TECHNOLOGY that uses renewable energy-powered electrolysis at low temperature to convert carbon dioxide into reusable carbon and oxygen has been backed by Gina Rinehart’s Hancock Prospecting.

Rinehart backs carbon tech play Rinehart backs carbon tech play Rinehart backs carbon tech play Rinehart backs carbon tech play Rinehart backs carbon tech play

(Left to Right): Dr Kevin Li, Senior Lecturer Department of Chemical Engineering, Professor Robin Batterham, Melbourne School of Engineering and Dr Ali Zavabeti, Department of Chemical Engineering

Called Carbelec, the technology is being developed by researchers at the University of Melbourne.

Those researchers claim the technology could be a game changer for steel makers.