Lawyers Weekly - legal news for Australian lawyers

Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
Big Law

RHI Magnesita invests in MCi Carbon

National law firm Lander & Rogers has advised global manufacturer of refractory materials RHI Magnesita on its multimillion-dollar investment in carbon capture technology company MCi Carbon.

March 28, 2023 By Jerome Doraisamy
expand image

Firm: Lander & Rogers (RHI Magnesita)

Deal: RHI Magnesita had made a multimillion-dollar investment in MCi Carbon, which marks the beginning of a strategic partnership between the two companies.

Area: Corporate

Value: Undisclosed

Key players: The Landers team was led by partner Simon Davidson and special counsel David Tink (both pictured).

Deal significance: Mr Davidson and Mr Tink congratulated RHI Magnesita on the investment and looked forward to continuing to partner with the business in the future.

Mr Tink said: “We’re delighted to have assisted RHI Magnesita in this landmark investment and partnership.

“The deal comes at an important time for RHI Magnesita as it progresses its goal of becoming a carbon-neutral business; and for MCi Carbon as it looks to scale up its technology and facilities.”

Mr Davidson added that, despite investor caution and market uncertainty slowing the flow of funds to many sectors of the tech industry, “climate-tech investing remains an attractive option for investors looking to forge values-driven collaborations with start-ups and scale-ups finding new ways to achieve net zero”.

Loving our content? Get unlimited access as a premium member for just $5/month or $49/year. Become a member here.

Jerome Doraisamy

Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

You need to be a member to post comments. Become a member today
Got a tip for us?
If you have any news tips or stories to share, feel free to send them our way.
lawyersweekly jobs image
lawyersweekly jobs
Discover the latest legal jobs
Find Australian legal jobs, employment & career opportunities
Momentum Media Logo
Most Innovative Company