Bankina Carbon Project

Bankina Carbon Project is a plantation forestry project located across the Chapman Valley and Northampton local government areas, approximately 95km northeast of Geraldton in Western Australia's Mid West region. It was registered on May 29, 2023, and originally covered 3,314.62 hectares.

Plantation forestry projects involve establishing and maintaining a new plantation forest on land that has not held a plantation for at least seven years. Unlike permanent environmental plantings, this method allows for the commercial harvesting of wood products, earning Australian Carbon Credit Units (ACCUs) for both the carbon sequestered in the living trees as they grow and the carbon stored in the harvested timber.

The Mid West region of Western Australia is traditionally known for broadacre mixed farming, including wheat and canola cropping alongside sheep grazing. The area experiences a Mediterranean climate transitioning to semi-arid, characterized by hot, dry summers and winter-dominant rainfall averaging around 300mm to 450mm annually. Soils in this region generally consist of red and brown loamy earths, sandy duplexes, and deep sand plains.

The project is managed by Outback Carbon Pty Ltd, which operates as a subsidiary of Mitsui & Co. (Mitsui E&P Australia) and manages several other carbon projects across the state. An interesting note regarding this project's timeline is that in September 2025, a variation was made to the project area, resulting in some of the originally listed areas being formally removed from the project's boundaries.