Algoma Steel Group Inc. · NASDAQ:ASTL
Algoma Steel — Corporate Update (June 2024)
20 slides from Algoma Steel's corporate update, Jun 11, 2024
Slide 1: Community Liaison Committee Meeting #49
Community Liaison Committee Meeting #49 Tuesday, June 11, 2024
Slide 2: Safety • Teamwork • Integrity • Caring
Safety • Teamwork • Integrity • Caring With every decision, every action, every day, we will work safely with teamwork, integrity and deep care for our people, their families and the environment
Slide 3: Agenda
Agenda 1. Review of March 5th, 2024 meeting notes 2. Membership Items 3. Review Coke Making Incident 4. Cokemaking Emissions Performance 5. Electric Arc Steelmaking and Environmental Permit Applications 6. Legacy Environmental Action Plan 7. Public questions and comments 8. Next Meetings 3
Slide 4: Membership
Membership Current Members and Alternates Representation Primary Member Alternate Algoma Steel Fred Post Chris Galizia Ministry of Environment, Conservation & Parks Lori Jalak Rick Lalonde Public David Trowbridge Anton Schoahs Public Jillian Marquis Dan Gabor SSM Tribe of Chippewa Indians TBD Algoma
Slide 5: Update on January 20th Coke Making Incident
Update on January 20th Coke Making Incident • A structure supporting utilities piping at our Coke Making plant collapsed on January 20, 2024. • The incident resulted abnormal coke oven gas flaring and air emissions and a quantity of effluent left our site initially, and potential sources of discharg
Slide 6: Cokemaking Emissions Performance
Cokemaking Emissions Progressive Annual Reduction Performance 30 Day Rolling Average % Pushing Implementation Charging Doors Lids Off-takes Opacity Key Performance Indicators related to Cokemaking Date Emissions (%) Emissions: July 2, 2015 38 0.8 25 12 sec 50 • average intensity of pushing emissions
Slide 7: Cokemaking Emissions Performance
Cokemaking Emissions Performance 7 The blue line represents the date of the structure collapse. Note that there is insufficient data for 30 day rolling averages for No. 8&9 batteries. No.7 battery restarted sooner.
Slide 8: Cokemaking Emissions Performance
Cokemaking Emissions Performance Notes: • 2015 data begins on July 2nd when the standard came into force • 2024 data includes Jan 1, 2024 to Jun 1, 2024 • Number of audits per year vary based on changing operating conditions All corrective actions taken to improve pushing opacity have been successfu
Slide 9: Cokemaking Stack Opacity
Cokemaking Stack Opacity The blue line represents the date of the structure collapse 9
Slide 10: Second annual ESG report to be issued August 2024
Algoma Steel will be issuing its second annual environmental, social and governance (ESG) report in August 2024. We believe becoming a North American leader in green steel, means becoming a leader in ESG. We look forward to sharing our 2024 report with you. You can access our full 2023 ESG Report on
Slide 11: Powering Algoma's Planned Transformation
Powering Algoma’s Planned Transformation 2025-2026E 2026- 2029- 2028E 2030E Initial Phase PowerSecured Requirements Phase Phase 3 2 Configuration Power Lake Superior Existing 115KV Power (LSP) Lake Superior Existing 115KV Local 230KV Regional Bulk Transmission Existing 115KV Local 230KV (110MW) Powe
Slide 12: Electric Arc Furnace Environmental Controls
Electric Arc Furnace Environmental Controls Fume Treatment Plants Water Treatment Plant Engineered Furnace Enclosures The fume treatment The water treatment plant These enclosures feature large plants capture air conserves water usage by doors which seal shut before and dust emissions recycling non-
Slide 13: Algoma's Shrinking Environmental Footprint
Algoma’s Shrinking Environmental Footprint Transition to Electric Arc Steelmaking • Algoma Steel has committed to transition its manufacturing process from the integrated basic oxygen steelmaking route to electric arc steelmaking. This process change will shrink Algoma’s environmental footprint dram
Slide 14: Electric Arc Furnace (EAF) Construction Update
Electric Arc Furnace (EAF) Construction Update Rendering becoming Reality Project Statistics2: Concrete 22,033 cu/m Fume Treatment Plant Dust Hoods Structural steel 11,000 Foundations 50% installed tons 95% complete No.2 Baghouse Utility Room#1 floor slab Meltshop building roofing equipment Installa
Slide 15: Transition to Electric Arc Furnace Steelmaking
Transition to Electric Arc Furnace Steelmaking Environmental Compliance Approvals Algoma submitted applications for the following approvals: Site wide Environmental Compliance Approval for air and noise based on the planned progressive 1 shutdown of equipment and facilities associated with the trans
Slide 16: Shoreline Stabilization and Site Greening
Shoreline Stabilization and Site Greening Algoma’s shoreline stabilization project consists of a four year plan to install 4.1 km of shoreline protection along the St. Mary’s River to prevent future erosion. The project is scheduled to resume June 24th with the placement of the clean rip-rap and arm
Slide 17: Algoma Steel is committed to being a good neighbor
Algoma Steel is committed to being a good neighbor Since we saw you last in March we have… Announced our collaboration project with Algoma University on a "Investigation of Phytoremediation Strategies for Slag Use Innovations” Brought #CareersinSteel Exhibits to Korah Collegiate Sponsored Algo
Slide 18: Follow Algoma's Journey to Green Steel!
Follow Algoma’s Journey to Green Steel! 2024 2025 2026 2029 • Commence • Commence • Phase One of • Completion of commissioning commissioning alternate arcing Hydro One EAF #2 EAF #1 • PUC LP Transmission • Complete Transmission Grid Line • Complete expansion Construction of Construction of complete
Slide 19: Public Questions and Comments
Public Questions and Comments 19
Slide 20: Community Liaison Committee - Next Meetings
Community Liaison Committee - Next Meetings Proposed 2024 Schedule: • September 10th, 2024 • December 10th, 2024 • March 2025 20