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Aymium Secures $150M Financing to Fuel Growth
Slice of Energy Team
February 06, 2025
Key Highlights:
Aymium secures $150M financing from Bedrock Industries to refinance debt and accelerate growth.
Funding supports the development of new biocarbon and biohydrogen facilities.
Alan Kestenbaum joins Aymium’s Board of Directors, bringing deep industry expertise.
Aymium's carbon-negative biocarbon offers an immediate drop-in solution for coal replacement.
Investors include Steel Dynamics, Rio Tinto, Nippon Steel Trading, and more.
Source: Business Wire
Notable Quotes:
“The financing provides the company greater financial and operational flexibility, as well as significantly more liquidity which is critical to accelerate Aymium’s growth plan.”
“Bedrock Industries is excited to make this investment in Aymium, a revolutionary company that is changing the way metals, ferroalloys, and many other industrial products are produced.”
Why This Matters:
This financing marks a major milestone in Aymium’s mission to decarbonize industrial markets by replacing fossil coal with its carbon-negative biocarbon products. The backing from Bedrock Industries strengthens Aymium’s financial standing, enabling rapid expansion of its production facilities and further scaling of its sustainable solutions. As industrial sectors worldwide seek immediate and effective decarbonization strategies, Aymium’s technology is poised to make a transformational impact.