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Graphyte plans to capture 15,000 tonnes of CO2 by year-end, will source biomass waste from paper mills to create durable bricks for underground storage via carbon casting technology; despite low cost, scalability may be limited by biomass availability

Graphyte to build its first commercial-scale carbon casting plant in Pine Bluff, Arkansas, capable of removing 250,000 tons of CO2 annually; low-cost carbon casting method to store waste plant material underground at around US$100/ton of CO2 removed

Graphyte launches low-cost technology to remove tons of atmospheric CO2, using waste biomass to create carbon blocks that are stored underground; backed by Bill Gates' Breakthrough Energy Ventures, startup plans to remove 5,000 tons of CO2 by end of 2023

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