Carbon Mineralization via Coda Terminal is a cutting-edge solution developed by Carbfix to tackle the pressing issue of carbon emissions from industrial sources. The Coda Terminal, located in Straumsvík, Iceland, serves as a pivotal hub for large-scale CO₂ transport and mineral storage. With funding from the €115 million EU Innovation Fund grant, this innovative facility enables the cross-border export of captured CO₂ from industrial emitters across Northern Europe for permanent underground storage.

Operating on the principle of dissolving incoming CO₂ in water and injecting it into basalt formations, the Coda Terminal leverages geological processes to convert the greenhouse gas into solid carbonate minerals within a remarkably short timeframe of under two years. By mineralizing up to 3 million tonnes of CO₂ annually upon full buildout by 2031, this solution significantly contributes to reducing carbon emissions on an industrial scale.

The key innovation lies in the integration of renewable energy sources to power the mineralization process, ensuring environmental sustainability and aligning with global climate targets. The Coda Terminal offers a comprehensive turnkey service, from the receipt of CO₂ to its secure and verifiable permanent storage. Designed for modular expansion and replicability, this facility provides an internationally scalable infrastructure for carbon removal, enabling industries to deploy large-scale CO₂ storage solutions effectively.

• Utilizes geological processes to convert CO₂ into solid carbonate minerals
• Leverages renewable energy for environmental sustainability
• Offers turnkey service for reliable and verifiable permanent CO₂ storage
• Designed for modular expansion and replicability
• Aligns with global climate targets and enables industries to deploy large-scale carbon removal solutions