Carbonix

Headquartered at Fort William First Nation, Ontario

The royalty generator that knows how projects get developed.

Carbonix originates projects around processes it developed itself, first in iron conversion, and develops them through engineering, permits and early engagement with the communities they affect. Partners build, own and pay for the plants. Carbonix keeps a royalty on every tonne, because the plants run on its process.

How it works What we originate
  • A written method

    A seven-stage screen and a ten-stage development process, run the same way on every project on Carbonix’s own AI-assisted platform.

  • Indigenous participation, in four steps

    Creating awareness, then engagement, consultation and participation, starting early and on the community’s terms.

  • Founders with 75+ years of collective experience

    Renewable energy, linear corridor and mining projects, plus process and technology development.

Where Carbonix stands

As of October 2026

SGS Canada

definitive agreement for the P180 pilot

Signed June 2026

38

sites screened

33 ore assets

19

sites cleared

with gas and ore

6

priority sites

8 priority ore targets

1

anchor project

in origination

Pipeline figures are screening counts, not rights: no site has been selected or optioned, and no tonnes are contracted.

From site to royalty.

Carbonix doesn’t build or run plants, and carries none of their capital. It finds projects where its technology fits, develops them into a package an owner can build, and vends them, keeping a royalty on every tonne. Here’s how that works in iron, the first line.

  1. 1

    Screen

    Find sites where ore, natural gas and logistics come together. A P180 plant needs all three.

  2. 2

    Engage

    Talk early with the communities and rights holders a site affects, before any sampling.

  3. 3

    Prove

    Validate the process on the owner’s own ore.

  4. 4

    Develop

    Engineering, permits and regulatory work, run through a written project development process.

  5. 5

    Vend

    Pass the packaged project to an owner-operator, who builds and runs the plant.

  6. 6

    Royalty

    Keep a royalty on every tonne the plant produces.

The method behind it

Carbonix is an emerging royalty generator: it has no royalties yet, and no project has reached a vend. What it has is a written method for getting there. Behind the six steps above sit a seven-stage screen and a ten-stage development process, applied the same way to every opportunity and run on Carbonix’s own platform.

A seven-stage screen

An opportunity has to answer seven questions before it gets development time: is there a market, does the technology fit, who would own the plant, is there a verified price, what test must it pass, what standing does Carbonix have, and is it worth a full development or better as a licence. Each question names the evidence it needs, and an opportunity that can’t produce it is parked or dropped.

A ten-stage development process

Screen, rank, engage, sample, test the ore, qualify it on the SGS pilot, secure the ore supply, choose the site and complete preliminary engineering, form the project company, vend. It runs as a schedule of 194 tasks and milestones, each with a test for when it’s done, a person responsible, and the agreement, permit or rule that governs it.

Decisions, not dates

Every stage ends with a board decision or a counterparty’s signature, never a date on a calendar. Test results are judged against pass marks set before the tests are run. No community, producer or partner is named publicly until they agree to it.

Our origination platform

The Forge: the backbone of Carbonix’s origination.

It is Carbonix’s own AI-assisted platform for originating, shaping and developing projects, where concepts are shaped into real projects. Every potential project is assessed against the seven-stage screen, and those that pass move into the development process. AI assists the assessment and forecasting of outcomes at every stage, so the team sees early, and often, where each project is heading, and people review every result before it is used. The platform does the same, and more, for process development: on the P180 pilot, its AI narrows where to look before a campaign, runs alongside the pilot and reads what comes back. It is built for Carbonix’s own use and is not for sale.

Request the white paper

Working with Indigenous communities, from awareness to participation

Many resource projects in Canada sit on the traditional territories of Indigenous Nations. Carbonix works with communities in four steps, starting early: creating awareness of what a project could mean; engagement, to hear the community’s priorities; consultation where it is required, tracked task by task; and participation, where the community chooses to take part, on its terms. To ensure every step of the process is handled with respect, Carbonix works with Maawandoon Inc. (www.maawandoon.ca).

For iron ore producers

Convert your own ore to metallic iron in a single plant, on your own rail-and-port route.

Talk to us about your ore

What Carbonix originates.

Carbonix originates projects around technology it developed itself. Iron conversion comes first; carbon materials are next.

First line: iron conversion

P180: one plant, not three.

P180 is designed to take mine concentrate to hot briquetted iron in a single plant, where today’s route needs three. Its pilot program runs with SGS Canada at Lakefield.

100+ Mt a year

The shortfall of direct-reduction-grade iron ore McKinsey & Company projects by 2031.

See P180

Next lines: carbon materials

Beyond iron.

Engineered carbons for water treatment, tailings and energy storage, from more than a decade of Carbonix carbon-materials work. Partners make and supply them under licence, and Carbonix keeps a royalty.

  • Organic removal
  • Metals and selenium
  • Tailings flocculants
  • Hard carbon
  • Synthetic graphite
  • Tailored carbons
See carbon materials

Who Carbonix works with

SGS Canada, Lakefield

The P180 pilot program.

Coanda

Testing for oil sands applications.

Trent University

Adsorptive technologies and products.

Ontario Tech University

Validation of electrochemistry applications.

Built by project developers.

Carbonix’s three co-founders each bring 25+ years of development experience, originating renewable energy, linear corridor and mining projects and taking them from site selection through engagement and permitting.

Carbonix is majority Indigenous-owned and headquartered at Fort William First Nation, Ontario.

Founders

Paul Pede

President, CEO, CTO and Co-Founder

Brings 25+ years of originating and developing renewable energy and resource projects, and deep expertise in carbon materials science: chemical and steam activation, the functionalization of solid carbons, polymer chemistries and electrochemical applications. Leads Carbonix’s technology and strategy.

Marvin Pelletier

Co-Founder and Chief Development Officer

Leads project development. Has worked on a variety of renewable energy, linear corridor and mining projects, with long experience of First Nations engagement and consultation.

Darren Harper

Co-Founder

Brings long experience of Indigenous engagement and government relations across a variety of energy, linear corridor and mining projects, building partnerships with provincial, federal and Indigenous governments. With Marvin Pelletier, he led the Energy East and Greenstone Gold engagement programs through Maawandoon Inc.

The case, paper by paper.

Each paper takes one question and answers it from published sources or test results. Request a copy of any of them.

White papers

The Forge

October 2026, 6 pages

Carbonix’s own AI-assisted platform for originating, shaping and developing projects: what it is, how AI makes it better and how it sets Carbonix apart.

Request a copy

One Plant, Not Three

September 2026, 5 pages

Why the route from iron ore concentrate to electric-furnace iron takes three plants today, what happens when all three collapse into one, and where that plant can be built.

Request a copy

Stage One

September 2026, 7 pages

The technical reason Canadian iron ore leaves the country unprocessed, what has changed, and why value capture is a question of contract and ownership rather than of location.

Request a copy

Ore Is Not the Constraint

September 2026, 7 pages

Feedstock availability for on-site iron metallization: a screening study of the global iron-ore base for the P180 process.

Request a copy

Water Is Not a Fuel

September 2026, 10 pages

The energy price, the infrastructure bill and the deployment clock behind electrolytic hydrogen, and what they imply for ironmaking process selection.

Request a copy

The Carbon Deficit

September 2026, 10 pages

What carbon-free direct-reduced iron costs the melt shop that buys it, and why the answer belongs in a metallic specification rather than a sustainability narrative.

Request a copy

Evidence Before Capital

August 2026, 9 pages

Sequencing capital against decisive evidence in pre-commercial process technology.

Request a copy

AC-PAM Flocculation of Oil Sands Fine Tailings

October 2026, 9 pages

A wider operating window, cleaner release water and a denser deposit, in tests at Coanda, NAIT and Trent University.

Request a copy

Peer-reviewed research on Carbonix’s carbon materials is on the carbon materials page.

News.

October 2026

White paper on how Carbonix originates and develops projects

The AI-assisted platform behind the method: what it is, how AI makes it better and how it sets Carbonix apart.

October 2026

White paper on AC-PAM flocculation of oil sands fine tailings

Results from tests at Coanda, NAIT and Trent University.

September 2026

Remarks at SGS Lakefield’s 85th anniversary

Paul Pede on why the P180 pilot is being run at Lakefield.

September 2026

Carbonix Product Brief released

The carbon technology suite beyond iron, in one page.

June 2026

Definitive agreement with SGS Canada

The agreement for the P180 pilot program.

Contact us.

Ore producers, steelmakers, investors, communities and partners: we’d like to hear from you.

General inquiries

info@carbonix.ca

Head office

697 Mountain Rd.
Fort William First Nation, ON P7J 1C1
Canada