UAE-based fertiliser company Fertiglobe (ADX:FERTIGLB) has secured a landmark victory in the pilot H2Global auction, committing to deliver up to 397,000 tonnes of green ammonia to Europe by 2033 from its plant in Egypt. The contract, priced at EUR 1,000 (USD 1,085) per tonne including transport costs, signifies a substantial step towards sustainable ammonia supply.
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