End of year update

ATOME (AIM: ATOM), the leading developer of international green fertiliser projects is pleased to provide an end of year update on its activities.

In relation to the 145MW Villeta green fertiliser project (“Villeta” or “the Project”), favourable progress continues to be made with both project finance equity and debt providers for inclusion in the second round of the negotiations which will lead in the very near future to the final selection of funding partners and the steps to completion of the project financing. In the last 14 days, Peter Levine, Chairman of ATOME took the opportunity at a face-to-face meeting of personally updating the President of Paraguay, Santiago Pena, on progress on Villeta during the President’s brief trip to Paris on the occasion of the re-opening of Notre Dame.

ATOME expects that initial work on site in Villeta will commence in the first part of Q1 2025 with certain land clearing works, a necessary first step to construction commencement.

A number of other initiatives and active workstreams are underway on ATOME’s other projects, and ATOME plans to provide a full update during January.

Olivier Mussat, CEO of ATOME, commented:

“We end the calendar year in a strong position to commence construction and deliver FID for our flagship Villeta green fertiliser project within the first half of 2025.

“We anticipate regular newsflow will start next month with a detailed update which will also include information on our growing pipeline of projects and renewable power related initiatives.

“Closing the calendar year 2024, we view the future with confidence and on behalf of the Board, I wish our hard-working teams and loyal shareholders a Happy Christmas and to share with us in a successful new year.”