Pelletized carbonized biomass-based fuel products, methods, and apparatuses are provided. Methods include applying a binder and a first amount of water to at least partially carbonized biomass, applying a second amount of water to the at least partially carbonized biomass, and pelletizing the at least partially carbonized biomass in an inert atmosphere. Apparatuses include a feeder of at least partially carbonized biomass, a binder source and a first water source configured to provide a binder and water to the at least partially carbonized biomass, a second water source downstream of the binder and first water sources, a pelletizer configured to receive and pelletize the at least partially carbonized biomass, and an inert gas source configured to provide inert gas to the pelletizer.