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Q&A: US cleantech firm to start biochar plant in Quebec

  • Spanish Market: Biomass, Metals
  • 21/05/25

US cleantech manufacturer ONYM is due to commission its first commercial-size biochar plant later this year, supplying steelmaker ArcelorMittal with 15,000 t/yr of biochar, about 36,000 t/yr of dry pyrolysis oil and 10,000 t/yr of wood vinegar for its steel mill in Quebec, Canada, the firm's executive vice-president Mustapha Ouyed told Argus. The project follows the successful trial of an ONYM demonstration plant in La Tuque, Quebec, which produced 1,700 t/yr of biochar, 4,300 t/yr of dry pyrolysis oil and 1,300 t/yr of wood vinegar in 2016-19.

1. What stage is the project with ArcelorMittal currently at and when do you expect to start commissioning biochar production at the plant?

Following the collaboration agreement signed with ArcelorMittal Long Products Canada, ONYM is currently producing metallurgy-grade biochar to support qualification testing.

The tests will validate biochar performance for potential use in low-carbon steel production.

These trials will also support the development of ONYM's first large-scale commercial facility dedicated to serving heavy industry needs.

2. What type and volumes of biomass will it use? And where will you source the raw material?

The upcoming commercial facility will process approximately 80,000 t/yr of dry woody biomass.

Feedstock will primarily come from forest industry residues, but ONYM is also committed to maximising the use of urban wood waste — such as tree trimming, pruning residues and clean post-industrial wood — replicating the short supply chain and circular economy approach already in place at our Montreal pilot site.

3. How much CO₂ emissions reduction will result from the use of biochar at the industrial client's site? And will you earn carbon removal credits from biochar sales?

Based on current scenarios:

• If our anhydrous pyrolytic oil replaces natural gas combustion and biochar replaces metallurgical coal, the potential GHG reduction could reach around 70,000 t/yr of CO₂ equivalent.

• If heavy fuel oil is displaced instead, the reduction could exceed 90,000 t/yr of CO₂ equivalent.

When sold to facilities regulated under Quebec's Cap-and-Trade System (SPEDE), our products generate surplus emission allowances for the buyers.

The carbon value is embedded in our product pricing while remaining competitive against the total cost of using fossil alternatives such as natural gas or metallurgical coal.

4. How do you price biochar?

We position our biochar at a price point that is competitive with the total cost of metallurgical coal usage, while integrating the embedded carbon reduction value.

Our pricing remains lower than most comparable market offerings observed to date, supporting industrial decarbonisation at scale.

5. What technology are you using to produce biochar?

ONYM's proprietary technology is based on an auger-type pyrolysis reactor operating at near-atmospheric pressure, using carbon steel balls as the heat transfer medium instead of traditional sand.

This design results in lower capital and operating expenditures compared with conventional pyrolysis technologies.

Unlike many systems that focus on a single output, ONYM's platform enables the simultaneous and efficient production of biochar, pyrolytic oil, renewable gases and wood vinegar, maximising biomass valorisation across multiple markets.

6. What was the outcome of your showcase plant? And what was the biochar production capacity of the project?

Our Montreal showcase plant successfully achieved its design capacity of 1.2 t/hr of dry biomass processed. With full continuous operations, the plant's potential reaches approximately 2,000 t/yr of biochar.

Operations validated product quality, reactor stability, and the ability to meet the stringent performance standards required by industrial sectors.

7. How many other projects are you planning, what capacity are they and when will they start operating?

ONYM has secured a robust pipeline of projects across North America and internationally, with target processing capacities ranging from 80,000 t/yr to 120,000 t/yr of dry biomass per facility.

Several of these projects are scheduled to materialise over the next two to three years, aiming to supply decarbonisation solutions to multiple heavy industries.

8. To which industries and geographies do you plan to supply biochar?

Our focus is on heavy industry applications — including steel, cement, and metallurgy — where carbon-neutral materials can displace fossil carbon sources directly.

We are also targeting the carbon credit market and emerging opportunities in sustainable agriculture.

Our geographic reach prioritises Canada, the US and selective entry into European markets aligned with strong decarbonisation policies.

9. What key challenges and opportunities does ONYM see in the coming years?

To accelerate decarbonisation, the availability of high-quality, carbon-negative bioenergies must scale rapidly.

At ONYM, we believe it is time to move beyond pilots and prototypes — and build the infrastructure necessary to industrialise circular bioenergy production at scale.

We invite industries, governments and biomass suppliers to collaborate with us to expand the volume, reach and climate impact of these essential solutions.


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18/06/25

US Fed sees 2 rate cuts in '25, eyes tariffs: Update

US Fed sees 2 rate cuts in '25, eyes tariffs: Update

Adds Powell comments, economic backdrop. Houston, 18 June (Argus) — US Federal Reserve policymakers kept the target interest rate unchanged today and signaled two quarter-point cuts are still likely this year while downgrading forecasts for the US economy in the face of largely tariff-driven uncertainty. The Fed's Federal Open Market Committee (FOMC) held the federal funds rate unchanged at 4.25-4.50pc, in the fourth meeting of 2025. This followed rate cuts of 100 basis points over the last three meetings of 2024, which lowered the target rate from more than two-decade highs. In the Fed's first release of updated economic projections since President Donald Trump's 2 April "Liberation Day" announcement of far-ranging tariffs, policymakers continued to pencil in two quarter-point rate cuts for the remainder of the year. "Changes to trade, immigration, fiscal and regulatory policies continue to evolve and their effects on the economy remain uncertain," Fed chair Jerome Powell told reporters after the meeting. "Today, the amount of the tariff effects — the size of the tariff effects, their duration and the time it will take, are all highly uncertain. So that is why we think the appropriate thing to do is to hold where we are as we learn more." Policymakers and Fed officials Wednesday lowered their median estimate for GDP growth this year to 1.4pc from a prior estimate of 1.7pc in the March economic outlook. They see inflation rising to a median 3pc for 2025 from the prior estimate of 2.7pc, with unemployment rising to 4.5pc from 4.4pc in the prior forecast. Economists have warned that Trump's erratic use of tariffs and plans to raise the national debt, along with mounting geopolitical risk highlighted by the latest Israel-Iran clashes, threaten to throw the economy into a recession or marked slowdown. Consumer confidence has tumbled and financial markets have been volatile while the dollar has slumped to three-year lows. Still, the labor market and inflation — the two pillars of the Fed's policy mandate — have remained relatively stable into the fifth month of Trump's administration. "As long as the economy is solid, as long as we're seeing the kind of labor market that we have and reasonably decent growth, and inflation moving down, we feel like the right thing to do is to be where we are, where our policy stance is and learn more," Powell said. US job growth slowed to 139,000 in May, near the average gain of 149,000 over the prior 12 months and unemployment has remained in a range of 4-4.2pc since May 2024. Consumer inflation was at an annual 2.4pc in May, down from 3pc in January. US GDP growth contracted by an annual 0.2pc in the first quarter, largely due to an increase in imports on pre-tariff stockpiling, down from 2.4pc in the fourth quarter and the lowest in three years. "What we're waiting for to reduce rates is to understand what will happen with the tariff inflation," Powell said. "And there's a lot of uncertainty about that. Every forecaster you can name who is a professional is forecasting a meaningful increase in inflation in coming months from tariffs because someone has to pay for the tariffs." Before Wednesday's FOMC announcement, Trump made a rambling attack on the Fed's policy under Powell, in remarks to reporters at the White House. "I call him 'too late Powell', because he's always too late" in lowering rates. "Am I allowed to appoint myself at the Fed? I do a much better job than these people." Powell's term in office as Fed chair expires in May 2026. Powell declined to directly address Trump's comments. By Bob Willis Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Tarifas podem incentivar interesse dos EUA na AL


18/06/25
18/06/25

Tarifas podem incentivar interesse dos EUA na AL

New York, 18 June (Argus) — As tarifas dos Estados Unidos causarão uma transferência de renda da Ásia para a América Latina devido aos maiores níveis de tarifas impostas aos países asiáticos, de acordo com o ex-secretário de comércio dos EUA, Wilbur Ross. A administração do presidente Donald Trump está mais rigorosa com os países asiáticos, como a China, comparado à maioria dos países da América Latina, e isso tornará a região mais atrativa para as empresas norte-americanas, disse Ross durante a convenção Marine Money, em Nova York. "Se você perceber, muitos países asiáticos estão sendo sujeitados a tarifas em torno de 40pc, o que é basicamente dizer 'você não fará negócios conosco' porque 40pc não é uma tarifa absorvível", disse. "Ao passo que a maioria dos países latino-americanos estão sujeitos a uma tarifa de 10pc." Trump pausou o aumento de tarifas na maioria dos países por 90 dias em abril, mas elevou as tarifas na China. No último mês, os EUA e a China concordaram em cortar as tarifas bilaterais até agosto após negociações comerciais em Genebra, na Suíça. Mas Ross disse que ficou surpreso ao ver fortes tarifas mirando o Vietnã, uma vez que tem servido como polo de transbordo de exportações para os EUA para contornar as tarifas da China que começaram durante a gestão anterior de Trump. Ross previu que haverá um acordo comercial entre os EUA e o Vietnã, devido a Trump não ter razão para ser repressivo com o Vietnã e porque a China e o Vietnã são inimigos históricos. "Com sorte, eles chegarão a um acordo porque seria um pouco estranho ter encontrado neles uma reposição à China e puni-los por ter realizado essa missão", disse. Ross também disse que a aprovação de Trump à aquisição da siderúrgica US Steel pela contraparte japonesa Nippon Steel é um sinal de esperança para um acordo comercial com o Japão, porque ele não acha que o presidente teria assinado o acordo se ele não previsse um acordo mais amplo com o Japão. Por Luis Gronda Envie comentários e solicite mais informações em feedback@argusmedia.com Copyright © 2025. Argus Media group . Todos os direitos reservados.

US Fed keeps rate flat, still eyes 2 cuts in 2025


18/06/25
18/06/25

US Fed keeps rate flat, still eyes 2 cuts in 2025

Houston, 18 June (Argus) — US Federal Reserve policymakers kept the target interest rate unchanged today and signaled two quarter-point cuts are still likely this year. The Fed's Federal Open Market Committee (FOMC) held the federal funds rate unchanged at 4.25-4.50pc, in the fourth meeting of 2025. This followed rate cuts of 100 basis points over the last three meetings of 2024, which lowered the target rate from more than two-decade highs. In the Fed's first release of updated economic projections since President Donald Trump's 2 April "Liberation Day" announcement of far-ranging tariffs, policymakers continued to pencil in two quarter-point rate cuts for the remainder of the year. Policymakers and Fed officials Wednesday lowered their estimate for GDP growth this year to 1.4pc from a prior estimate of 1.7pc in the March economic outlook. They see inflation rising to 3pc for 2025 from the prior estimate of 2.7pc, with unemployment rising to 4.5pc from 4.4pc in the prior forecast. By Bob Willis Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Eurofer calls for 50pc quota tariff post safeguard


18/06/25
18/06/25

Eurofer calls for 50pc quota tariff post safeguard

New York, 18 June (Argus) — European steel association Eurofer has asked the European Commission to implement an out-of-quota tariff of 50pc in its post safeguard measure, while reducing duty-free volumes by 50pc, Italian steelmaker Arvedi chief executive Mario Arvedi Caldonazzo told the Global Steel Dynamics Forum in New York late yesterday. "We need to adopt a strict and severe trade defence measure," Caldonazzo said, adding that discussions with the commission were ongoing, and that it would publish a proposal on the measures that would replace the safeguard in mid-July. Eurofer, of which Caldonazzo is vice-president, wants these measures to come into play in January 2026, earlier than the planned lapse of the current safeguard mechanism in June 2026. Imports have reached as much as 30pc of total supply on some products, at much lower prices than domestic production. "The commission is aware this is the move that will determine the future of the European industry," he said. Eurofer hopes the commission will make its proposal regarding a melt-and-pour clause in September-October, and that scrap will be recognised as a critical raw material. Caldonazzo said the EU exports 20mn t of scrap that is transformed into steel products then sold back to Europe, and that more material being retained could help mills increase scrap usage and reduce their carbon footprint. The EU's carbon border adjustment mechanism (CBAM) also needs to be extended downstream to address the risk of circumvention, and also that "resource shuffling" is addressed. This is where mills use a portion of greener production to sell into the EU at a lower payable tax, while retaining more carbon intensive sales into other markets. "Without these measures the future will be very sad," Caldonazzo said, adding that the EU could just end up importing and re-rolling semi-finished steel. Lourenco Goncalves, the outspoken head of Cleveland-Cliffs, said in another presentation that the EU would eliminate its carbon emissions by ceasing to produce steel. Talks over the Global Arrangement on Sustainable Steel and Aluminum (GASA) should be restarted, building a free trade agreement between the US and EU, allowing both to expand trade on a duty and quota free basis, Caldonazzo said. This would be possible should the EU have similar trade defence measures to the US, such as a melt and pour. On the sidelines of the conference he told Argus there will be no recovery in the EU market this year, given the disparity between imports and domestic prices, and the very low level of demand. By Colin Richardson Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Australia's Lynas produces terbium oxide in Malaysia


18/06/25
18/06/25

Australia's Lynas produces terbium oxide in Malaysia

Sydney, 18 June (Argus) — Australian mineral producer Lynas Rare Earths has produced terbium oxide at its Malaysian rare earth plant, adding to its line of rare earth products, the firm announced today. The company produced the oxide using 1,500 t/yr heavy rare earth separation circuits it built in January-March. It previously used the circuits to produce separated dysprosium at the plant in May, becoming the first producer of separated heavy rare earths outside China. Lynas plans to eventually expand its rare earth product line to include dysprosium, terbium, and holmium concentrate, alongside unseparated samarium/europium/gadolinium and unseparated mixed heavy rare earths. Lynas supplies its Malaysian plant with rare earth feedstock from its Mount Weld mine and Kalgoorlie processing plant in Western Australia (WA). But it may expand its feedstock sources in the future. The company signed an initial agreement with Malaysian investment agency Menteri Besar in late May to buy mixed rare earth carbonates from developing Malaysian ionic clay deposits. It did not disclose supply volumes. Lynas' product line expansion comes soon after US and European automakers warned that rare earth export controls could lead to assembly line shutdowns. Lynas is developing a rare earth production plant in the US with the same capabilities as its Malaysian plant. Lynas plans to produce 2,500-3,000 t/yr of heavy rare earth products and 5,000 t/yr of light rare earth products at the site when it opens. The US government helped fund the project in 2019 through a presidential directive under the Defence Production Act . By Avinash Govind Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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