Fort Wayne Indiana headquartered Steel Dynamics has announced the selection of Columbus in Mississippi as the location for the initial SDI Biocarbon Solutions biocarbon production operations, a joint venture between the company and Aymium. The site is strategically located in close proximity to one of the company’s largest electric-arc-furnace steel mills, which will consume a significant portion of the biocarbon as a replacement for anthracite, and is also central to plentiful fiber raw material sources. Final site determination is subject to the anticipated receipt of necessary permits and continued state and local government support. The Columbus, Mississippi location brings numerous strategic advantages, including: Synergies related to being within close proximity of our Columbus Flat Roll Division, which will consume a significant amount of the biocarbon, as well as the extremely talented workforce in the area, Proximity to numerous fiber raw material suppliers Excellent logistics provided by on-site access to a class I railroad, proximity to the major US highway systems, and access to the Tennessee-Tombigbee Waterway. The planned biocarbon production facility will supply Steel Dynamics’ electric arc furnace steel mills with a renewable alternative to fossil fuel-based carbon sources using Aymium’s patented technology. This initial facility’s production capability is expected to be more than 160,000 metric tons per year and operations are planned to begin early 2024. Steel Dynamics has successfully trialed Aymium’s biocarbon product in our steel operations, and estimate this first facility will reduce our Scope 1 steelmaking greenhouse gas emissions intensity between 20-25%, with potential upside from the use of the facility’s excess available renewable energy
Fort Wayne Indiana headquartered Steel Dynamics has announced the selection of Columbus in Mississippi as the location for the initial SDI Biocarbon Solutions biocarbon production operations, a joint venture between the company and Aymium. The site is strategically located in close proximity to one of the company’s largest electric-arc-furnace steel mills, which will consume a significant portion of the biocarbon as a replacement for anthracite, and is also central to plentiful fiber raw material sources. Final site determination is subject to the anticipated receipt of necessary permits and continued state and local government support. The Columbus, Mississippi location brings numerous strategic advantages, including: Synergies related to being within close proximity of our Columbus Flat Roll Division, which will consume a significant amount of the biocarbon, as well as the extremely talented workforce in the area, Proximity to numerous fiber raw material suppliers Excellent logistics provided by on-site access to a class I railroad, proximity to the major US highway systems, and access to the Tennessee-Tombigbee Waterway. The planned biocarbon production facility will supply Steel Dynamics’ electric arc furnace steel mills with a renewable alternative to fossil fuel-based carbon sources using Aymium’s patented technology. This initial facility’s production capability is expected to be more than 160,000 metric tons per year and operations are planned to begin early 2024. Steel Dynamics has successfully trialed Aymium’s biocarbon product in our steel operations, and estimate this first facility will reduce our Scope 1 steelmaking greenhouse gas emissions intensity between 20-25%, with potential upside from the use of the facility’s excess available renewable energy
