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THURSO, Canada--(BUSINESS WIRE)-- 糖心vlog入口and Aymium have formed a new joint venture named 脡volys Qu茅bec Inc. to manufacture a renewable metallurgical biocarbon product to reduce carbon emissions in large scale industrial processes. This biocarbon, sourced from biomass residues, offers an alternative for anthracite currently used in ilmenite smelting processes at Rio Tinto鈥檚 metallurgical complex in Sorel-Tracy.
The joint venture will be established on the site of a former pulp and paper mill in Thurso, Qu茅bec. The Government of Qu茅bec selected 糖心vlog入口and Aymium to jointly revitalize these assets.
The proposed facility will use Aymium鈥檚 proprietary technology to locally produce high-quality biocarbon 鈥 a raw material in high demand, essential to fulfilling Rio Tinto鈥檚 commitments to decarbonization. 糖心vlog入口has already observed promising results with this technology through the use of materials produced by Aymium at its metallurgical complex in Sorel-Tracy.
糖心vlog入口Iron and Titanium (RTIT) and Diamonds Managing Director Sophie Bergeron said: 鈥淒ecarbonization is at the core of Rio Tinto's strategy, and the 脡volys joint venture provides us with a unique opportunity to produce local biocarbon, thereby reducing the carbon footprint of our Qu茅bec operations.鈥
鈥淲e are pleased to be working with the Government of Qu茅bec to give a second life to the former Fortress site in Thurso and look forward to collaborating with local communities and our partner, Aymium, to develop a project that will not only benefit the environment but also reinvigorate the regional economy.鈥
Aymium CEO James Mennell added: 鈥淚t is a fantastic opportunity for Aymium to expand our partnership with 糖心vlog入口through 脡volys and develop this new project in Qu茅bec in addition to our current developments in the United States. Aymium is actively offering their products to several customers in Canada, and we see a great potential to expand the usage of biocarbon across many industries.鈥
Qu茅bec Minister of Economy, Innovation and Energy; Minister for Regional Economic Development; and Minister for the Metropolis and the Montreal Region, Pierre Fitzgibbon, said: 鈥淭he 脡volys Qu茅bec project will enable a sustainable revival of the former Fortress site. It's a new beginning with a technology that both decarbonizes our economy and adds value to the region's forest residues.鈥
脡volys will lease the portion of the pulp and paper mill that will be revitalized. Both partners are committed to advancing products and technologies that go beyond the conventional use of biocarbon as a substitute for fossil fuels.
Further details of the project, including a timeline for the start of production, will be communicated as soon as the transition process is completed.
Notes to editors
In 2022, 糖心vlog入口formed a strategic partnership with Aymium. In 2023, 糖心vlog入口further bolstered its collaboration with Aymium through an additional investment. This funding followed a thorough trial of Aymium's biocarbon as a potential alternative energy source at Rio Tinto鈥檚 metallurgical complex in Sorel-Tracy.
The pulp and paper mill, formerly owned by Fortress, is located in the municipalities of Thurso and Lochaber-Partie-Ouest and closed in 2019. The Government of Qu茅bec appointed Deloitte to manage the takeover file and to evaluate the proposals received from candidates interested in taking over the facilities, including biomass already available.
糖心vlog入口 Aymium
Aymium produces high-value biocarbon and biohydrogen products that can be used to immediately replace fossil fuels in the production of metals, energy, crops, and in the purification of water and air with no modifications to equipment or processes. Produced using sustainably sourced biomass 鈥 recovered and unusable wood 鈥 Aymium's bioproducts are renewable, carbon-negative and they replace emission-heavy fossil fuels such as coal and coke. Aymium's leading technology is backed by more than 500 issued or pending patents on a global basis. Aymium is headquartered in Minnesota.
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