The Government of Quebec awards a
significant grant to the ECO2 Project
Quebec City, November 21, 2022 – The Fonds de diversification économique pour le territoire de la MRC des Appalaches fund has awarded SIGMA DEVTECH a significant grant for the ECO2 Magnesia project. To carry out the environmental studies required for the production of magnesium oxide with a low carbon footprint, two hundred and fifty thousand dollars ($250,000) was granted to the company.
This support from the Government of Quebec will enable ECO2 Magnesia to complete a strategic step, namely the environmental feasibility analysis for its plant that will produce 20,000 tonnes per year of magnesium oxide on the site of the former Carey mine in the Chaudière-Appalaches region.
For more information, please consult the presse release.
In recognition of COP27's Decarbonisation Day, ECO2 Magnesia is proud to be a part of a new generation of entrepreneurs determined to decarbonize their technological and industrial processes to minimize their carbon footprint.
Maxime Couillard, Director of Engineering, presented the ECO2 Project to the Quebec Section of the mineral industry at Université Laval.
Carey Mine Project: financial assistance to develop market opportunities for SIGMA Devtech
Minerals of the future - Québec announces a $500,000 grant to SIGMA Devtech for the production of the world's first eco-friendly magnesium oxide
QUÉBEC CITY, June 21, 2022 /CNW Telbec/ - The Government of Quebec announces a $500,000 grant to SIGMA Devtech to increase the production capacity of its high-purity, environmentally-friendly magnesium oxide at the ECO2 Magnesia demonstration plant.
For the press release : www.newswire.ca/fr/news-releases/mineraux-d-avenir-quebec-annonce-l-octroi-d-une-aide-financiere-de-500-000-a-sigma-devtech-pour-la-production-du-premier-oxyde-de-magnesium-ecologique-au-monde-805746411.html
Quebec solutions for carbon capture