Gemcorp will own 75% of the business and Endiama 25% and alongside with funding a pilot project, the London-based investment firm will oversee operations.
The diamond miner revealed results of an investigation into incidents involving security operations at its Williamson mine between November 2020 and January 2021.
Sum will be awarded for the best technology created for removing carbon dioxide directly from the atmosphere or oceans and store that carbon in a safe, cost-effective way.