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0.000260078023407081 0.000420286085825803 -0.000462938881664492 0.000208062418725576 0.000104031209362862 -0.000312093628088438 -0.00108712613784137 -0.00119635890767225
Stock impact report

Frontier buyers sign $58.3M offtakes with Vaulted Deep [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
Vaulted's approach offers 10,000+ year permanence, near-term scalability, local co-benefits and has a line of sight to under cost per ton. HOUSTON May 1, 2024 /PRNewswire/ -- Frontier has facilitated offtake agreements with Vaulted Deep, a carbon removal company that injects carbon-rich organic waste deep underground for permanent storage. Vaulted spun out of–and uses core tech from– Advantek Waste Management Services, a 10-year old industrial waste management company. Frontier buyers will pay $58.3 million to permanently remove 152,480 tons of CO2 between 2024 and 2027, with options to purchase more tons from future projects at lower prices. Frontier buyers were Vaulted's first customers in September 2023 through a small prepurchase of 1,666 tons—all of which have already been delivered and verified. This offtake agreement enables Vaulted to commission three new wells that are sited to optimize feedstock availability, transportation, and well capacity. As one of the first carbon r Show less Read more
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