Press Release: Sumitomo & Reconciliation Energy Transition Inc. (RETI)

On October 24, 2023, Reconciliation Energy Transition Inc. (RETI) and Sumitomo Corporation of Americas announced an agreement to grant Sumitomo the exclusive right to acquire interest in the East Calgary Carbon Transportation and Sequestration Project (CTS Hub) in Alberta. The project is expected to support permanent sequestration of CO2 at a location east of Calgary. We look forward to future projects in the CCUS sector of Alberta.

Press Release: Reconciliation Energy Transition Inc. and Sumitomo Corporation of Americas Announce Exclusivity Agreement for Carbon Transportation and Sequestration Project in Alberta, Canada