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.
Placing and Subscription raises £1.8 million Directors and senior management subscribe for £665,000 in the Fundraising HIGHLIGHTS The Company has …
Significant progress on Costa Rica major green fertiliser project Framework Collaboration Agreement signed with ICE, Costa Rica’s state-owned power company …
Update on Mobility Division ATOME Energy (AIM: ATOM), the only international green fertiliser project development company on the London Stock …
ATOME granted Free-Trade Zone for Villeta Project, Paraguay ATOME Energy (AIM: ATOM) (“ATOME”), the only international green fertiliser project development …
Atome Energy PLC (LON: ATOM), is developing green hydrogen and green ammonia projects in Atome Energy’s operations, producing green hydrogen …
Unaudited Results for the Six Months Ended 30 June 2023 Current Trading Update ATOME Energy (AIM: ATOM), the only international …
| 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.
