
Aymium Secures $150 Million Investment from Bedrock Industries
Aymium, a leading producer of renewable biocarbon products, has announced the successful completion of a $150 million, five-year financing agreement with a wholly owned subsidiary of Bedrock Industries ManagementCo Inc. This substantial investment will enable Aymium to refinance its existing debt while enhancing liquidity to support its ambitious growth initiatives, including the development of new biocarbon and biohydrogen production facilities currently under review.
Strengthening Financial Flexibility and Growth Prospects
James Mennell, CEO of Aymium, expressed enthusiasm about the financing deal, highlighting the strategic benefits it brings to the company. “We are excited to close this financing with our new partners at Bedrock Industries,” said Mennell. “This financing significantly strengthens our financial and operational flexibility while providing the necessary liquidity to accelerate Aymium’s growth strategy. Moreover, we are thrilled to collaborate with Alan Kestenbaum and Gaurav Mehta, who bring extensive expertise and industry relationships to our core end markets. I am also pleased to announce that Alan will be joining Aymium’s Board of Directors.”
Alan Kestenbaum, Founder of Bedrock Industries, emphasized the transformative potential of Aymium’s technology in reducing carbon emissions across multiple industries. “Bedrock Industries is excited to invest in Aymium, a revolutionary company that is redefining how metals, ferroalloys, and various other industrial products are produced. Jim Mennell, Doug Rohall, and their team have developed an unmatched drop-in solution that provides Aymium’s customers with an immediate, economically viable pathway to decarbonization.”
Kestenbaum further noted, “We believe Jim and his team are just beginning to tap into the vast potential of their product portfolio in driving industrial decarbonization. Bedrock is eager to collaborate with Aymium’s leadership to expand production and deliver these sustainable solutions to a growing global customer base. This investment marks a pivotal moment in Aymium’s journey, as we work together to propel the company into its next phase of innovation and impact.”

Revolutionizing Industrial Decarbonization with Carbon-Negative Solutions
Aymium is at the forefront of industrial decarbonization, producing the only commercially demonstrated carbon-negative alternative to fossil coal. The company’s innovative process utilizes a non-combustion technology that converts waste biomass into high-purity biocarbon. This method allows Aymium to offer a seamless replacement for fossil coal without requiring costly plant modifications or process changes.
Aymium’s biocarbon products are engineered to surpass coal in terms of energy value, handling efficiency, and environmental benefits. Unlike traditional fossil fuels, which contribute significantly to carbon emissions, Aymium’s process relies on third-party certified sustainable waste biomass and operates on self-generated renewable energy. By adopting this revolutionary approach, Aymium is playing a crucial role in helping industries transition to cleaner and more sustainable production practices.
The company’s innovative technologies are protected by an extensive intellectual property portfolio, consisting of over 600 issued and pending patents. This robust patent protection underscores Aymium’s leadership in the renewable biocarbon space and ensures continued advancements in sustainable energy solutions.
Expanding Investor Confidence and Industry Partnerships
Aymium’s ability to attract substantial investments from prominent industry players highlights the confidence investors have in its vision and technology. Existing investors in Aymium include Sandton Capital, Steel Dynamics (NYSE: STLD), Rio Tinto (NYSE: RIO), Nippon Steel Trading, and Hokuriku Electric Power Company. This latest financing from Bedrock Industries further solidifies Aymium’s financial Investment position and underscores its role as a leader in the transition toward sustainable industrial processes.
The backing from a diverse group of investors reflects the widespread recognition of Aymium’s ability to deliver effective, scalable, and immediate solutions for reducing carbon emissions. As global industries increasingly prioritize decarbonization and regulatory frameworks tighten, Aymium’s solutions provide a viable and economically attractive alternative to traditional fossil fuels.
Future Growth and Market Expansion
With the financial support from Bedrock Industries, Aymium is well-positioned to accelerate its expansion plans. The company is actively evaluating new locations for its biocarbon and biohydrogen production facilities, aiming to scale its operations to meet the growing demand for sustainable energy solutions. These new facilities will not only enhance Aymium’s production capacity but also further its mission of reducing industrial carbon footprints worldwide.
Looking ahead, Aymium remains committed to innovation and sustainability, leveraging its cutting-edge technology to drive meaningful change in industries reliant on fossil fuels. By continuously refining its processes and expanding its market reach, Aymium is poised to play an increasingly vital role in the global effort to combat climate change and transition to a more sustainable future.
Strategic Advisory and Financial Partners
The successful completion of this financing Investment deal was supported by Moelis & Company LLC, which acted as Aymium’s exclusive financial advisor. Legal counsel for the transaction was provided by Mayer Brown LLP, ensuring a smooth and well-structured agreement.
As Aymium continues its trajectory of growth and technological advancement, the partnership with Bedrock Industries marks a significant milestone in its mission to revolutionize industrial decarbonization and lead the transition to a more sustainable energy future.