Algoma Steel Group Inc. · NASDAQ:ASTL
Algoma Steel — Corporate Update (June 2021)
17 slides from Algoma Steel's corporate update, June 2021
Slide 1: Community Liaison Committee Meeting #37
Community Liaison Committee Meeting #37 June 2021
Slide 2: Agenda
Agenda 1. Review of March 16th, 2021 meeting notes 2. Membership Items and Terms of Reference 3. Algoma Steel Merger 4. Site Specific Standards / Technical Standards 5. Environmental Compliance Approval updates 6. Legacy Environmental Action Plan 7. Public Complaints 8. Next Meetings June, 2021
Slide 3: Membership Items
Membership Items 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
Slide 4: CLC Terms Of Reference
CLC Terms Of Reference • An updated Terms of Reference was circulated for comments on February 1st and a final version was provided on February 11th. • The updated TOR will be posted on Algoma’s website after it is approved by the CLC. 4
Slide 5: Algoma Steel’s Return to Public Markets
Algoma Steel’s Return to Public Markets May 24, 2021 – Algoma Steel and Legato Merger Corp. Sign Definitive Merger Agreement The merger is an important step in Algoma Steel’s transformation into a more sustainable company, demonstrating we are increasingly stable and investment worthy. Our trans
Slide 6: Site Specific Standards for Particulate and BaP
Site Specific Standards for Particulate and BaP • On March 27th, 2015 Algoma received a Site Specific Standard (SSS) for Particulate which sets specific emission limits in cokemaking. Expiry of the SSS has since been extended to June 2023 to allow enough time for a technical standard to be developed
Slide 7: Cokemaking Emissions Performance – 100% compliance
Cokemaking Emissions Performance – 100% compliance Identifies Key Performance Indicators related to Cokemaking Emissions: o average intensity of pushing emissions o average duration of charging emissions o % lid leaks Conformance calculated daily for o % off-takes leaks each battery o % door leaks N
Slide 8: Site Specific Air Quality Standard - Particulate & B(a)P
Site Specific Air Quality Standard - Particulate & B(a)P Algoma is operating below the limit for all parameters. 8
Slide 9: Site Specific Air Quality Standard - Particulate & B(a)P
Site Specific Air Quality Standard - Particulate & B(a)P Pushing Opacity Notes: • 2015 data begins on July 2nd when the SSS came into force • 2021 data includes Jan 1, 2021 to date • Number of audits per year vary based on changing operating conditions To date all corrective actions have been succes
Slide 10: Cokemaking Stack Opacity
Cokemaking Stack Opacity We have adopted a two-pronged approach to improving stack opacity. Efforts to date are showing positive results: 1. Replacing aging infrastructure and thoroughly inspecting and repairing oven masonry conditions. This minimizes gas leakage from the ovens to the flues and redu
Slide 11: Cokemaking Stack Opacity Performance – Average Opacity
Cokemaking Stack Opacity Performance – Average Opacity 11
Slide 12: Cokemaking Stack Opacity Performance – Average Opacity Duration >20%
Cokemaking Stack Opacity Performance – Average Opacity Duration >20% 12
Slide 13: Technical Standard
Technical Standard Regulatory Instrument to replace existing SSS’s • A new integrated steelmaking industry Technical Standard for multiple air contaminants is under development • Contaminants include: Suspended Particulate Matter, B(a)P, Benzene, Sulfur Dioxide, Total Reduced Sulfur and Manganese •
Slide 14: Environmental Compliance Approvals
Environmental Compliance Approvals There are currently no applications for new environmental compliance approvals. The MECP is proposing to amend the Benzene Emissions Control ECA to include new leak detection and repair requirements which will be implemented this calendar year. 14
Slide 15: LEAP - Addressing Legacy Environmental Issues
LEAP - Addressing Legacy Environmental Issues Legacy Environmental Action Plan (LEAP) • The LEAP is a risk-based environmental management plan with the objectives of identifying, assessing, managing and mitigating off-site adverse environmental effects caused by Legacy Environmental Contamination at
Slide 16: Public Complaints
Public Complaints The following public complaints were received by the company since the last CLC: • Noise – Caused by blast furnace • Odour – Unknown source 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
Slide 17: Next Meetings
Next Meetings • Proposed 2021 Schedule: • Sept 14th, 2021 • Dec 14th, 2021 17