Algoma Steel Group Inc. · NASDAQ:ASTL
Algoma Steel — Corporate Update (March 2022)
19 slides from Algoma Steel's corporate update, Mar 8, 2022
Slide 1: Community Liaison Committee Meeting #40
Community Liaison Committee Meeting #40 Tuesday, March 8, 2022
Slide 2: Agenda
Agenda 1. Review of December 14th, 2021 meeting notes 2. Membership Items 3. Electric Arc Steelmaking 4. Environmental Permit Applications 5. Cokemaking Emissions Performance 6. Public Complaints 7. Next Meetings
Slide 3: Membership
Membership Current Members and Alternates Representation Primary Member Alternate Algoma Steel Fred Post Chris Galizia Ministry of Environment, Conservation & Parks Lori Greco Ron Dorscht Public David Trowbridge Peter McLarty Public Jillian Marquis SSM Tribe of Chippewa Indians Kathie Brosemer Algom
Slide 4: Algoma Invests $700M in Transition to Electric Arc Steelmaking
Algoma Invests $700M in Transition to Electric Arc Steelmaking In November, 2021 Algoma Steel Inc. announced its decision to invest CDN $700 million in the transition to electric arc steelmaking. Two state-of-the-art electric arc furnaces will replace its existing basic oxygen steelmaking operations
Slide 5: Anticipated Benefits of Electric Arc Steelmaking
Anticipated Benefits of Electric Arc Steelmaking Improved Builds our Organization Shrinks our Competitiveness and Community Environmental Footprint ▸ Creates cost competitive ▸ Delivers a modernized workplace ▸ Reduces our greenhouse platform for growth and value-add with skills development and gas
Slide 6: Proposed Operational Transition to Electric Arc Steelmaking
Proposed Operational Transition to Electric Arc Steelmaking NOV 2021-2024 APR-2024 2025 2026 2029 LONG-TERM INDEPENDENT MODE ALTERNATING HYBRID MODE PRODUCT CONSTRUCTION PERIOD COMMISSION RAMP (“EAF PHASE I ” ) CERTIFICATION (“EAF PHASE II” ) Coke Ovens Production Method Coke Ovens 7,8,9 Coke Ovens
Slide 7: 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 dramat
Slide 8: Applications for Environmental Compliance Approvals
Transition to Electric Arc Furnace Steelmaking Applications for Environmental Compliance Approvals Algoma Steel will be applying for the following approvals: Site wide Environmental Compliance Approval for air and noise based on the planned progressive 1 shutdown of equipment and facilities associat
Slide 9: Pending Site Specific Standard Requests
Pending Site Specific Standard Requests New Site-Specific Standards will govern the operating transition to electric arc steelmaking ▸ By the end of March 2022, Algoma will be submitting a emissions as a result of the progressive request for amended site-specific standards for benzene, shutdown of e
Slide 10: New Site Specific Standard Request
New Site Specific Standard Request Sulphur Dioxide (SO2) A new provincial standard for SO2 comes into force in July 2023. ▸ Existing integrated steelmaking facilities in Ontario cannot achieve this new standard. ▸ Both the federal and provincial governments have announced they will require Coke Oven
Slide 11: Progressive Reduction in Modeled Emissions
Progressive Reduction in Modeled Emissions Transition to Full Compliance to the Standard MECP Point of Maximum Predicted POI Concentration (µg/m3) Averaging Contaminant Impingement 2029 Period Current-2024 2024/2025 2026-2028 Limit (µg/m3) Onwards Benzene Annual 0.45 (2.2 SSS) 3.99 3.99 3.21 0.11 0.
Slide 12: Progressive Transition to Electric Arc Steelmaking
Progressive Transition to Electric Arc Steelmaking Operating equipment included in the modeled transition to electric arc steelmaking. Terminology: Current - 2024 2024/2025 2026-2028 2029 MECP Ministry of Environment, Coke Oven Coke Oven EAF1 and Conservation and Parks Coke Oven Batteries Batteries
Slide 13: Technology Benchmarking Report
Technology Benchmarking Report Site-Specific Standard Application What is it? ▸ Assessment of feasible pollution control options to reduce emissions, ▸ Electric arc steelmaking and other benchmarking against approaches used at other facilities across the globe. pollution control options were conside
Slide 14: Cokemaking Emissions Performance
Cokemaking Emissions Performance 100%Compliant with the Site Specific Standard leak limits Key Performance Indicators related to CokemakingEmissions: ▶ average intensity of pushing emissions ▶ average duration of charging emissions ▶ % lid leaks Performance is monitored ▶ % off-takes leaks and calcu
Slide 15: Improved Air Quality
Improved Air Quality Cokemaking Emissions Performance All batteries performing below current leak limits.
Slide 16: Improved Air Quality
Improved Air Quality Cokemaking Emissions Performance Notes: ▶ 2015 data begins on July 2nd when the standard came into force ▶ 2022 data includes Jan 1, 2022 to Mar 3, 2022 ▶ Number of audits per year vary based on changing operating conditions To date all corrective actions have successfully corre
Slide 17: Progress Improvement
Progress Improvement Cokemaking Stack Opacity A renewed action plan has been developed and implemented to address these trends, improve opacity, prevent recurrence and demonstrate continuous improvement
Slide 18: Public Complaints
Public Complaints The following public complaints were received by the Company since the last CLC: 1 Odour & 2 Particulate An internal investigation into each public complaint is conducted and a report is submitted to the MECP and a summary is listed on the company website.
Slide 19: Community Liaison Committee - Next Meetings
Community Liaison Committee - Next Meetings Proposed 2022 Schedule: June 7th, 2022 TBD