• Dual revenue model leveraging carbon markets and industrial demand for biochar
• Flagship Great Barrier Reef Biochar Project targeting 550kt of CO2 removal credits
• Partnerships with major tech firms like Microsoft and Google for carbon removal offtake

NoviqTech (ASX:NVQ) has presented its Coralia strategy, which outlines a dual revenue model leveraging both carbon markets and industrial demand for biochar. The centerpiece is the flagship Great Barrier Reef Biochar Project, which has contracted ~2 million tonnes of invasive biomass feedstock and is targeting the production of 550kt of high-integrity CO2 removal credits and 250kt of saleable biochar over the project's lifetime.The Coralia process involves removing and chipping invasive weed species, then using pyrolysis to convert the biomass into stable biochar that locks away the carbon for hundreds to thousands of years. This generates two saleable outputs - CO2 removal credits and the physical biochar product.The CO2 removal credits, known as CORCs, are attracting strong demand from major tech firms like Microsoft, Google, and Frontier who are committed to net-zero emissions by 2030-2040. Coralia has signed a non-binding MoU with Pure DC's climate-tech arm to assess a long-term offtake covering a minimum 70% of the credits from the Great Barrier Reef project.The physical biochar is also seeing growing industrial demand, with applications in green concrete, soil amendment, and data center construction. NoviqTech is partnering with Swinburne University on research to enable scalable commercial deployment of biochar-based low-carbon concrete.With the AI energy crunch driving exponential growth in data center emissions, and major tech firms committed to net-zero, the Coralia strategy positions NoviqTech to capitalize on structural demand for high-integrity carbon removal and sustainable construction materials.

NoviqTech (ASX:NVQ) is targeting the production of 550kt of CO2 removal credits and 250kt of saleable biochar over the lifetime of the flagship Great Barrier Reef Biochar Project.

NoviqTech (ASX:NVQ) is focused on executing key milestones in 2026, including pilot trials and a potential offtake agreement with Pure DC, Puro.earth certification, and the first commercial sale of CO2 removal credits. The company is also pursuing a name change, cost discipline, and feedstock footprint expansion as part of its corporate outlook.