Japan’s Mitsui & AM Green join hands for green ammonia, metals and bio-fuels projects
AM Green, backed by the founders of Greenko Group, is joining hands with Japanese trading and investment company Mitsui & Co. to explore strategic collaboration across various energy transition initiatives like green ammonia, bio-fuels and metals.
An MoU signed by both sides on Thursday also seeks potential equity investment in AM Green’s holding company that houses these businesses and also in the low carbon aluminium project that AM Green has started work on and will also include specific offtake rights by Mitsui and supply of auxiliary materials for the green aluminium smelter and alumina refinery, the companies said in a statement on Thursday. The value chain of metals involves raw materials like bauxite, chemicals, metals trading, shipping and port handling.
