Winsome Resources Pioneers Carbon Sequestration at Renard Lithium Site
Winsome Resources has forged strategic partnerships to integrate carbon dioxide removal technologies with lithium production at its Renard Operation, aiming to generate verified carbon credits and set a new benchmark in sustainable mining.
- Strategic partnerships with Isometric, Arca Climate, Exterra Carbon Solutions, and Aquarry
- Development of a Carbon Sequestration Strategy targeting Renard Operation
- Focus on mineral-based carbon dioxide removal using processed kimberlite
- Potential to generate verified carbon credits aligned with global climate goals
- Renard poised to become a global first combining lithium production with large-scale carbon management
Strategic Collaboration for Sustainability
Winsome Resources (ASX:WR1) has announced a significant step forward in sustainable mining by partnering with leading industry players to develop a comprehensive Carbon Sequestration Strategy at its Renard Operation in Quebec. This initiative aims to integrate cutting-edge Carbon Dioxide Removal (CDR) technologies alongside lithium production, positioning Winsome at the forefront of environmentally responsible resource development.
The company has formalised Memoranda of Understanding (MOUs) with Isometric, a global leader in voluntary carbon markets and carbon credit verification, as well as with Arca Climate Technologies Inc, Exterra Carbon Solutions, and Aquarry, each bringing specialised expertise in mineral-based carbon removal techniques. These partnerships enable Winsome to evaluate multiple CDR technologies and explore their practical application within the existing infrastructure at Renard.
Innovative Carbon Removal Approaches
At the heart of the strategy is the utilisation of processed kimberlite tailings rich in magnesium-bearing minerals such as olivine and serpentine. These materials naturally react with atmospheric CO2 through mineral carbonation, converting carbon dioxide into stable mineral forms like magnesium carbonate. This process, validated by Isometric's Open System Ex-Situ Mineralisation (OSEM) protocol, offers a promising pathway to generate verified carbon credits.
Additional CDR techniques under investigation include surface water mineralisation in pit lakes, enhanced weathering using wastewater, and mine reclamation strategies that transform flooded open pits into carbon sinks. The Renard site’s existing crushing circuits, water treatment facilities, and transport infrastructure provide a unique advantage for integrating these technologies efficiently.
Economic and Environmental Synergies
Winsome’s Managing Director, Chris Evans, emphasised the dual benefits of this approach: "Renard represents a unique opportunity to lower our carbon footprint and align environmental progress with economic growth." By combining lithium production with large-scale carbon management, Winsome aims to unlock new revenue streams through carbon credits while contributing meaningfully to global climate goals.
In addition, the company is exploring the potential to access federal incentives such as Carbon Capture, Utilisation, and Storage (CCUS) tax credits, which could significantly offset costs and enhance project viability. This aligns with Winsome’s broader clean technology objectives and complements its existing Clean Technology Mineral (CTM) credits strategy.
Positioning Renard as a Sustainability Hub
The Renard Operation, currently under an exclusive option agreement, is envisioned as a dual-use hub that leverages its well-maintained infrastructure to support both spodumene concentrate production and innovative carbon removal activities. This integrated model could set a global precedent for mining operations seeking to embed sustainability at their core.
Winsome’s collaboration with Arca Climate, recognized for its award-winning carbon mineralisation technologies, Exterra Carbon Solutions, which transforms mine waste into valuable carbon storage products, and Aquarry, specialists in converting pit lakes into carbon sinks, underscores the project’s technical depth and ambition.
As the company advances testwork and operational studies, it aims to refine the decarbonisation roadmap for Renard, with potential expansion to its Adina lithium project. The outcome could unlock verified carbon credits and attract climate-focused investments, further enhancing shareholder value.
Looking Ahead
Winsome plans to release further updates on its carbon sequestration initiatives and partnerships in the coming months. The success of this strategy could redefine sustainable mining practices and offer a replicable model for the industry.
Bottom Line?
Winsome’s bold integration of carbon removal with lithium production at Renard could reshape sustainable mining economics and environmental stewardship.
Questions in the middle?
- How soon will Winsome be able to generate verified carbon credits from Renard’s CDR initiatives?
- What are the projected costs and timelines for scaling these carbon sequestration technologies alongside lithium production?
- How will regulatory approvals and market demand for carbon credits influence the commercial viability of the Decarbonisation Strategy?