The Anonymous Widower

Sumitomo Mitsui Trust Bank Makes Substantial Investment In Australia’s MCi Carbon

The title of this post, is the same as that of this article on the Carbon Herald.

This is the introductory paragraph.

MCi Carbon, an Australian clean technology platform revolutionising the carbon recycling industry, proudly announces the addition of esteemed Japanese investor, Sumitomo Mitsui Trust Bank, to its investor roster. This significant investment from the Japanese giant, with assets under management totalling $617 billion marks a pivotal moment in MCi Carbon’s journey towards global leadership in carbon capture and utilisation and underscores the growing international recognition of Australia’s role in the transition to a zero-carbon world economy.

I believe that MCi Carbon, will be a very successful company.

I first wrote about this company in March 2021 in Energy Minister Angus Taylor Launches $50 million Fund For Carbon Capture Projects.

March 24, 2024 - Posted by AnonW | World | Australia, Decarbonisation, Mineral Carbonation International (MCi Carbon), Sumitomo