The global ammonia market size was valued at USD 205.34 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. IAMM units target customers including large-size (~3,000 acres) farms and ammonia retailers. The U.S. alone comprises over 78,000 large-size farms in 2021.
IAMM units combine proven Haber-Bosch process, successful sub-scale demonstration, patented ammonia converter design, experienced manufacturing know-how, and 2 – 4X better unit economics than competitors to secure first-mover advantages for leading market capture.
Cultivated sales prospects for over 690 units, global interests from 52 countries, near-term (6-9 months) booking potentials surpass $USD 30 M. (August 2023)
U.S. Inflation Reduction Act (IRA) provides max production tax credits of $530/metric ton NH3, offsetting major operating expenses. Developing grain carbon emission index will further drive green ammonia demands.
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| Type | Data |
|---|---|
| Trading Symbols: | CSE: AMMP, FRA: 601A, OTCQB: AMMPF |
| CUSIP: | 834165 |
| ISIN: | CA03169D1024 |
| WKN: | A3CNND |
| Date/Place of Formation: | Dec 3rd, 2019 - British Columbia |
| Financial Year End: | May 31st |
| Industry Classification: | Junior Natural Resource - Mining |
| Auditors: | Crowe MacKay LLP |
| Transfer Agent: | Odyssey Trust Company |
| Legal Counsel: | Cassels Brock & Blackwell LLP |
Crowe Mackay LLP
Odyssey Trust Company
Cassels Brock & Blackwell LLP
