North Yorkshire power company signs deal to turn ash into cement

Drax sets the benchmark in EU Taxonomy alignment and CDP leadership - DirectorsTalk

Drax’s first EU Taxonomy Report reveals an impressive 71% revenue alignment with sustainability criteria—nearly double the sector average—cementing its role as a frontrunner in green finance. Combined with upgraded CDP leadership scores, this voluntary disclosure sends a powerful message to investors about the company’s decisive climate strategy and operational integrity. Drax has reached a major milestone on its sustainability journey with the …

Drax and Power Minerals Join Forces to Cut Carbon in Construction

Drax Power has announced a major partnership with Power Minerals Limited (PML) to process pulverised fuel ash (PFA) for use in cement, in a move set to reduce carbon emissions in the construction industry.Under a newly agreed 20-year joint venture, PML will develop and operate a facility near the Drax Power Station in Selby, on land leased from Drax. The facility, expected to be operational by the end of 2026, will process PFA into a supplementa…

North Yorkshire power company signs deal to turn ash into cement

A factory is to be built next to the Drax power station near Selby process millions of tonnes of ash, to help make low carbon cement.

Drax agrees 20-year deal with Power Minerals for green cement factory

Drax has today announced a 20-year joint venture agreement with Power Minerals to allow for the development of a factory to process millions of tonnes of legacy ash into Supplementary Cementitious Material (SCM), which is a key ingredient in low carbon green cement. The new facility will be located next to the Drax Power Station site on land leased from Drax.Under the agreement Power Minerals will construct, own and operate the new facility, whi…

Drax signs legacy ash processing agreement

UK power company Drax has signed 20-year deal with Power Minerals Ltd to enable the development of a plant to process millions of tonnes of legacy ash into ...

Drax strikes deal to develop 400,000 tonne ash facility

Drax has agreed a 20-year joint venture deal that will see the development of an ash processing facility close to its power station. The new facility is expected to begin operations by the end of 2026 and produce 400,000 tonnes of ash per year at full capacity. The company estimates it will generate incremental adjusted pre-tax earnings of around £5m per year between 2027 and 2046. The tie-up between Drax Power Limited, a subsidiary of Drax Grou…