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Aymium
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Short description

Producer of high value carbon products from renewable biomass for energy, agricultural and metallurgical applications

Founded in 2012
Founded in

Company type Private Public ()
Company type

Industry Group materials & chemicals

Sector fuels & chemicals

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Oakdale, MN Oakdale, United States
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Updated by Cleantech Group on 06/12/2024

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  • 1 M&A items
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Date Company
05/09/2022

Hokuriku Electric Power Company Hokuriku Electric Power Company

Aymium has entered a long-term supply contract for its coal replacement product with Hokuriku Electric Power Company and Nippon Steel Trading. More than 4 million tons of coal will be replaced with Aymium’s renewable carbon negative product.

Confirmed by Hokuriku Electric Power Company

Partnerships
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Date Partner Type
07/26/2024
Rio Tinto Rio Tinto
Rio Tinto and Aymium to establish biocarbon joint venture in Québec named Évolys Québec Inc. to manufacture a renewable metallurgical biocarbon product to reduce carbon emissions in large scale industrial processes.
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Confirmed by Rio Tinto
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IPO INFORMATION

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Description

Date Investors Type Amount
02/04/2025 Bedrock Industries Bedrock Industries (1)
Post-money valuation of
Funding will be used to refinance existing debt and adds liquidity to execute the company’s near-term growth initiatives, including development of new biocarbon and biohydrogen production facilities currently under review.
Structured Debt $150,000,000
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