- FuelPositive Corp. is a Canadian innovator putting the finishing touches on a demonstration system for the production of green ammonia and green hydrogen that will be a decentralized, non-carbon polluting source of fuel and fertilizer
- The company’s technological system will grant farmers new options in locally powering and fertilizing their farms without dependence on snarled supply chains that have continued to deteriorate through the ongoing pandemic and Russia-Ukraine war
- The 4-month-old Russian invasion of Ukraine and the resulting trade embargoes are having a significant impact on food and fertilizer shipments from the region known as the breadbasket of Europe and the world at large
- FuelPositive’s green solution also makes it an ideal means of providing energy to underserved, remote parts of the planet and a worthwhile alternative to carbon-intensive ammonia production
Russia’s war against Ukraine is entering its fifth month, continuding to disrupt agricultural commerce that supplies food to a large portion of the world’s population. While most of the impact is and will be felt between Europe and Africa, the Americas also are experiencing some economic base difficulties as a result of the conflict. The impact on food security will be felt globally in the coming months, as well.
Clean energy solutions innovator FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is preparing to roll out its technologic solution to the difficulties resulting from global dependence on fertilizer and grain from the war-locked countries and centralized production and distribution modes. Its containerized, modular, scalable system for producing green, hydrogen-dense ammonia will be a means for farmers to generate fertilizer and fuel on their own farms.
The United Nations has estimated that a large number of countries, including many in Latin America, receive up to 30 percent of their fertilizer supplies from Russia, which is subject to international trade blockades as a consequence of the nation’s aggression against Ukraine. The fertilizer shortages have begun producing significant increases in food prices, according to reporting by Truthout (https://ibn.fm/HvGUg).
Similarly, grain and fertilizer shortages from the countries are affecting Canada’s agriculture, pushing wheat prices higher, according to a CBC report (https://ibn.fm/n00Vl).
“And as commodity prices are high, farmers are going to try and produce as much as they possibly can,” Don Kabbes, general manager of Great Lakes Grain, told CBC.
Great Lakes Grain markets grain for Ontario farmers, and although most wheat in Southern Ontario won’t be planted until the fall, Kabbes said farmers will step up “by using the latest technology and adding whatever they can to that to try and produce as much per acre as possible, and to try and fill that void and have good returns to their own farming operation.”
FuelPositive’s first demonstration system is slated to be introduced on a farm in Manitoba this fall, with two additional demonstration systems due to roll out later. The system will be able to produce 500 liters per day (300 kilograms) of liquid anhydrous carbon-free ammonia, which is the approximate amount needed to fertilize a 2,000-acre farm, according to the company, but the output can be adjusted up or down based on the end use farm’s requirements (https://ibn.fm/99OsG).
Green ammonia technology has been posited as a potential alternative to existing greenhouse gas-emitting fuel sources, particularly because of its capacity to also be converted to hydrogen. The agriculture industry is recognized as a major polluter, using about 80 percent of the traditional ammonia produced each year from carbon-intensive methods for fertilizer.
“FuelPositive’s containerized green ammonia production systems are easy to transport to the end-user. The intention being that, with a decentralized system, FuelPositive can produce green ammonia exactly where and when it’s needed, and at a stable price,” said CEO Ian Clifford.
For more information, visit the company’s website at www.FuelPositive.com.
NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://ibn.fm/NHHHF
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php
