Chemical looping combustion has the potential to be an efficient and low-cost technology capable of contributing to the reduction of the atmospheric concentration of CO2 2 in order to reach the 1.5/2 degrees C goal and mitigate climate change. In this process, a metal oxide is used as oxygen carrier in a dual fluidized bed to generate clean CO2 2 via combustion of biomass. Most commonly, natural ores or synthetic materials are used as oxygen carrier whereas both must meet special requirements for the conversion of solid fuels. Synthetic oxygen carriers are characterized by higher reactivity at the expense of higher costs versus the lower-cost natural ores. To determine the viability of both possibilities, a techno-economic comparison of a synthetic material based on manganese, iron, and copper to the natural ore ilmenite was conducted. The synthetic oxygen carrier was characterized and tested in a pilot plant, where high combustion efficiencies up to 98.4% and carbon capture rates up to 98.5% were reached. The technoeconomic assessment resulted in CO2 2 capture costs of 75 and 40 <euro> /tCO 2 for the synthetic and natural ore route respectively, whereas a sensitivity analysis showed the high impact of production costs and attrition rates of the synthetic material. The synthetic oxygen carrier could break even with the natural ore in case of lower production costs and attrition rates, which could be reached by adapting the production process and recycling material. By comparison to state-of-the-art technologies, it is demonstrated that both routes are viable and the capture cost of CO2 2 could be reduced by implementing the chemical looping combustion technology. (c) 2024 Science Press and Dalian Institute of Chemical Physics, Chinese Academy of Sciences. Published by ELSEVIER B.V. and Science Press. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).