Multilateral Investors Commit to Coega Green Ammonia Project in South Africa
Key Ideas
  • Multilateral investors have pledged to invest in the Coega Green Ammonia Project in South Africa.
  • The project is expected to receive further support from Hive Energy for financial investment decisions.
  • Quantum Commodity Intelligence offers a premium subscription service providing market insights for professionals in various sectors.
  • Subscribers gain access to daily price assessments, market news, price commentary, and fundamental trade data.
Multilateral investors have committed to investing in the Coega Green Ammonia Project in South Africa. The project, which aims to produce green ammonia, has garnered support from various stakeholders. Hive Energy is set to take a Final Investment Decision (FID) on the project in the second half of the following year, indicating growing interest and financial backing for sustainable energy initiatives. The press release confirmed the involvement of these investors, highlighting the potential for green ammonia production in the region. Additionally, Quantum Commodity Intelligence offers a subscription service tailored for professionals in oil, biofuels, carbon, ammonia, and hydrogen markets. This service provides subscribers with daily price assessments, market news, price commentary, and fundamental trade data to keep them informed about market trends and developments.
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