ATOME Energy PLC (AIM: ATOM) is targeting green hydrogen and ammonia production with over 500-megawatt of projects in Paraguay and Iceland, through its subsidiaries ATOME Paraguay, which is wholly owned, and Green Fuel ehf, in which ATOME Energy holds a 75 per cent interest, respectively.
Since its admission to AIM in December 2021 ATOME has signed its first electrolyser purchase order for its hydrogen transport Mobility Division due to start generating revenue in 2023 and signed a large scale 120MW power purchase agreement with ANDE, the state energy company in Paraguay for production of green hydrogen and ammonia targeted to start operations at or around end 2024.
ATOME is in the process of operational planning, sourcing and negotiations with green electricity suppliers, equipment providers and offtake partners, including signed memoranda of understanding and cooperation agreements in place with key parties, to use electricity generated from existing geothermal sources in Iceland and hydroelectric power in Paraguay. All chosen sites are located close to the power and water sources and export facilities to serve significant domestic and then international demand.
The Company is supported by major shareholders including Peter Levine, Trafigura, one of the world’s leading commodity and logistics company, and Schroders, a leading fund manager.
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Directors and Senior Managers subscribe for approximately £1.5 million in Fundraising The Company-led Subscription and Institutional Placing raises in aggregate …
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ATOME (AIM: ATOM), the leading developer of international green fertiliser projects, is pleased to announce that the formal Free Trade …
ATOME (AIM: ATOM), the leading developer of international green fertiliser projects, is pleased to note that Moody’s Rating, the international …
ATOME (AIM: ATOM), the leading developer of international green fertiliser projects, is pleased to announce the signing of Heads of …
| Balance Sheet | 12 months 30 Dec 2022 £~000 | 12 months 31 Dec 2021 £~000 |
|---|---|---|
| Cash | 3,452 | 1,865 |
| Total Assets | 6,620 | 8,271 |
| Total liabailities | 1,649 | 2,635 |
| Total equity | 4,971 | 5,636 |
Directors
Others
“Atome Energy has developed a way of making zero-carbon fertiliser at scale, using hydro-electric power, water, air and limestone. The company listed on AIM at 80p in December 2021, the shares are 82.5p today and should move rapidly higher as the business moves closer to commercial production.”
The global ammonia market size was exhibited at USD 78.26 billion in 2022 and is projected to surpass around USD 129.63 billion by 2030, growing at a CAGR of 6.51% during the forecast period 2022 to 2030…. Globally expanding agricultural activity is the main factor boosting the ammonia market…The Asia-Pacific is acknowledged as being the world’s largest and fastest market expanding in the world.
