FuelPositive’s Ian Clifford on how a greener future in agriculture starts in Manitoba
Channel: InvestorCoffee
Date: 2024-04-08

April 08, 2024 — FuelPositive Corporation (TSXV: NHHH | OTCQB: NHHHF), a leader in clean technology solutions, recently announced a provisional patent for its Green Aqueous Ammonia add-on module systems, marking a significant milestone in its mission to revolutionize the agricultural industry. This innovative module allows farmers to produce Green Aqueous Ammonia fertilizer on-site, offering a cost-effective and environmentally friendly alternative to traditional methods. Chairman and CEO Ian Clifford highlighted the importance of this patent, stating that it "opens up our market globally dramatically" and sets the stage for future developments in sustainable agriculture.

FuelPositive is also making strides in delivering its first commercial system to a farm in Manitoba, with factory acceptance testing scheduled ahead of schedule in mid-April. The company's focus on on-site production aims to eliminate carbon emissions and provide energy and fertilizer security for farmers. Selecting Manitoba as the initial location was strategic, given its abundant green electricity and large farming community eager for sustainable solutions. The company's commitment to innovation is evident in its modular approach, which allows for customizable nitrogen concentrations and pH balances tailored to various agricultural needs. With plans for commercial production as early as next year, FuelPositive aims to meet the growing demand for environmentally friendly fertilizer solutions worldwide. As Chairman Clifford emphasized, "the world will need thousands and thousands of these systems," highlighting the company's ambitious goals for a greener future in agriculture.

About FuelPositive Corporation

FuelPositive is a Canadian technology company dedicated to delivering commercially feasible and sustainable clean technology solutions that follow a circular approach, ensuring the entire lifecycle of our products is environmentally friendly. This includes an on-farm/onsite, containerized Green Ammonia (NH3) production system that effectively eliminates carbon emissions during the production process.

By focusing on technologies that are clean, sustainable, economically advantageous and realizable, the Company aims to help mitigate climate change, addressing unsustainable agricultural practices through innovative technology and practical solutions that can be implemented now. The FuelPositive on-farm/onsite, containerized Green Ammonia production system is designed to produce pure, anhydrous ammonia for multiple applications, including fertilizer for farming, fuel for grain drying and internal combustion engines, a practical alternative for fuel cells and a solution for grid storage. Green Ammonia is also considered a key enabler of the hydrogen economy.

FuelPositive systems are designed to provide for Green Ammonia production on-farm/onsite, where and when needed. This eliminates wildly fluctuating supply chains and offers end-users clean fertilizer, energy and Green Ammonia supply security while eliminating carbon emissions from the production process. The first customers will be farmers. Farmers use 80% of the traditional grey ammonia produced today as fertilizer.

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