NoviqTech Limited has entered into a binding agreement to acquire a 90% controlling interest in Coralia Pty Ltd, an Australian specialist in biocharBiochar is a carbon-rich material created from biomass decomposition in low-oxygen conditions. It has important applications in environmental remediation, soil improvement, agriculture, carbon sequestration, energy storage, and sustainable materials, promoting efficiency and reducing waste in various contexts while addressing climate change challenges. More carbon dioxide removal. This strategic move, announced in late January 2026, integrates Coralia’s physical production capabilities with NoviqTech’s digital reporting and verification platform, Carbon Central. The acquisition is supported by a $1.5 million capital raising and positions the company to address the burgeoning demand for high-integrity carbon credits, particularly within the rapidly expanding artificial intelligence and data center sectors.

A significant challenge addressed by this partnership is the critical shortage of scalable, high-integrity carbon removal solutions required by large-scale emitters to reach net-zero targets. Data centers in Australia are projected to account for a substantial portion of the nation’s electricity demand by 2030, necessitating credible carbon sequestration to offset their environmental footprint. Furthermore, traditional land management in North Queensland has struggled to manage invasive woody weeds, such as the “Chinese Apple” tree, which degrades agricultural productivity and increases sediment runoff into the Great Barrier Reef.

The solution involves the deployment of an institutional-grade biochar production strategy that utilizes these invasive tree species as a low-cost, abundant biomassBiomass is a complex biological organic or non-organic solid product derived from living or recently living organism and available naturally. Various types of wastes such as animal manure, waste paper, sludge and many industrial wastes are also treated as biomass because like natural biomass these More source. Under the “Great Barrier Reef Biochar Project,” the Coralia unit has already secured two million tonnes of biomass through binding contracts. This feedstockFeedstock refers to the raw organic material used to produce biochar. This can include a wide range of materials, such as wood chips, agricultural residues, and animal manure. More will be processed into approximately 250,000 tonnes of biochar, following the Puro.earth Biochar Standard to ensure the generation of verified, durable carbon removal credits. The project also explores secondary revenue streams by utilizing the produced biochar as a decarbonizing agent in construction materials, such as cement and insulation for the very data centers driving credit demand.

Early outcomes of this strategy include the projected sequestration of 550,000 tonnes of carbon dioxide over the project’s lifespan and the remediation of approximately 20,000 hectares of productive land. By combining physical sequestration with digital provenance through blockchain-backed digital twins, NoviqTech aims to attract premium pricing for its credits. The company expects to achieve its first offtake revenues within the current year and is in advanced negotiations to expand operations to three operating sites across the region.