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ATOME PLC Advances Green Fertiliser Project in Paraguay

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ATOME PLC Advances Green Fertiliser Project in Paraguay

The latest announcement is out from Atome Energy PLC ( (GB:ATOM) ).

ATOME PLC has reported progress on its 260,000 tonnes per year green fertiliser project in Villeta, Paraguay. The company is advancing in its project finance arrangements, buoyed by successful meetings with Paraguayan government officials and international funding partners. With plans to begin work in early 2025, ATOME anticipates a pivotal year ahead, reflecting its growing confidence and strategic alignment with its offtake partner, Yara International.

More about Atome Energy PLC

ATOME PLC is an AIM-listed company focused on green fertiliser production, with significant projects in Paraguay and potential projects in Central America. The company emphasizes renewable energy, with a 145MW power purchase agreement for its Villeta project and an additional 300MW reserved in Paraguay. ATOME is supported by major shareholders and aims to meet both domestic and international demand with its environmentally sustainable initiatives.

YTD Price Performance: -12.63%

Average Trading Volume: 90,346

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £20.62M

For detailed information about ATOM stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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