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NoviqTech’s Coralia Strikes Strategic Biochar Carbon Credit MOU with A Healthier Earth

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Tymlez Group Ltd. ( (AU:NVQ) ) just unveiled an update.

NoviqTech’s subsidiary Coralia has signed a strategic Memorandum of Understanding with A Healthier Earth, the climate-tech R&D arm of Pure Data Centres Group, to assess the economic feasibility of AHE securing at least 70% of the biochar carbon removal credits from Coralia’s Great Barrier Reef Biochar Project. Subject to feasibility, the project plans to process about 2 million tonnes of biomass into roughly 550,000 high-integrity biochar credits, positioning Coralia to benefit from premium pricing in a supply-constrained market for durable carbon removals.

The 12-month, non-binding MOU includes exclusive production trials at the North Queensland project site, with the parties also exploring a potential joint venture to construct a dedicated biochar production facility. Coralia will lead site development, regulatory compliance and feasibility work, while AHE will provide technical review, machinery support and a global platform to commercialise credits, potentially strengthening NoviqTech’s role in servicing rising carbon removal demand from data centres and AI infrastructure if formal agreements are ultimately executed.

More about Tymlez Group Ltd.

NoviqTech Limited, through its subsidiary Coralia, operates in the climate-tech and carbon markets sector, focusing on the development of biochar-based carbon removal projects in Australia. Coralia’s flagship initiative is the Great Barrier Reef Biochar Project in North Queensland, which aims to convert agricultural biomass waste and woody weed species into high-integrity biochar carbon removal credits for global buyers.

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