Weyerhaeuser, Aymium to produce and sell 1.5M tons of biocarbon annually

Weyerhaeuser (WY) and Aymium announced they have entered a memorandum of understanding to partner to produce and sell 1.5M tons of sustainable biocarbon annually for use in metals production. As an initial stage of this partnership, the companies have formed a joint venture – TerraForge Biocarbon Solutions – to build a jointly owned facility adjacent to Weyerhaeuser’s lumber mill in McComb, Miss., that will convert wood fiber into biocarbon through a combustion-free process. Under the MOU, the companies will secure long-term biocarbon sales agreements and identify sites to construct multiple new production facilities across the Weyerhaeuser footprint over the next five years. At full scale, the platform of operating facilities will have the potential to convert over 7M tons of wood fiber, provided exclusively by Weyerhaeuser, to deliver 1.5M tons of metallurgical-grade biocarbon annually as a drop-in replacement for coal in iron, steel, silicon, ferro-alloys and other metals production.