ATOME PLC (LSE:ATOM) announced it has signed a definitive 10-year offtake agreement with Yara International covering the entire annual output — 260,000 tonnes — from its Villeta low-carbon fertiliser project in Paraguay.
The company said the deal marks the final commercial milestone before a final investment decision, expected later this year. Construction of the US$630 million facility is scheduled to start in the fourth quarter of 2025.
Building on preliminary terms disclosed in July, the agreement also includes an option to extend beyond the initial decade.
“This partnership with Yara, now confirmed in its final form, is a landmark step in delivering our Villeta Project,” said ATOME chief executive Olivier Mussat. “We’re proud to be part of what is the world’s largest low-carbon fertiliser supply agreement. Alongside Villeta, we continue to work with leading partners and offtakers to distribute our green molecules, disrupt traditional commodity markets, and support a cleaner, more sustainable future.”
Chrystel Monthean, Yara’s executive vice president for the Americas, added: “Yara’s ambition is to help grow a nature-positive food future, profitably. By securing locally produced fertiliser made with renewable energy, we’ll strengthen our portfolio and, combined with our agronomic expertise, respond competitively to market demand. We look forward to developing this long-term strategic relationship with ATOME.”
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