ATOME has taken an option to purchase 13 hectares (32 acres) of land immediately next to its Villeta green fertilizer facility which would allow the Villeta facility to expand its total site to 43 hectares (106 acres) of contiguous area.
Funds raised are to be used to progress the Cabinda Fertilizer Project, export partnership opportunities, progressing Lobito distribution hub studies, green ammonia feasibility and partnership progression and general corporate working capital.