What is enhanced rock weathering (EWR)?

Enhanced rock weathering involves spreading pulverized rocks on farm fields to absorb carbon dioxide from the atmosphere, speeding up a natural process.

Why did Terradot acquire Eion?

Terradot acquired Eion primarily because large investors, such as sovereign wealth funds, want to work with companies that can handle significant contracts, and Eion was perceived as too small.

What are the operational differences between Terradot and Eion?

Terradot operates in Brazil using basalt as its mineral of choice, while Eion operates in the U.S. and uses olivine.

Home / Business and Economy / Carbon Removal Giants Unite: Terradot Acquires Eion

Carbon Removal Giants Unite: Terradot Acquires Eion

7 Feb

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Summary

Terradot acquired Eion to handle large contracts for investors.
Both companies use enhanced rock weathering to remove CO2.
Terradot operates in Brazil using basalt; Eion in the U.S. using olivine.

Carbon Removal Giants Unite: Terradot Acquires Eion

Carbon removal startup Terradot has acquired its competitor Eion, as announced today.

The acquisition was largely propelled by major investors, including sovereign wealth funds, seeking partners who can manage substantial contracts.

Eion's CEO, Anastasia Pavlovic Hans, stated that the company was simply too small to meet these demands.

Both companies employ enhanced rock weathering (EWR), a technique that involves spreading pulverized rocks on farm fields to absorb atmospheric carbon dioxide.