Building the Future of Fertilizer Production in Montana
Producing 650,000 metric tons per year of low-carbon urea using KBR reforming and purification systems.
Targeting commissioning in 2029 with a 40-year operational horizon.
Designed with a clear line of sight for all utility needs, including gas, water, rail, and highway access.
Supported by exclusive engineering partnerships, including Cushing Terrell, FuelCell Energy, Conductor Power, and Ameritrak Rail.
Strengthening Communities Across Montana
Provides direct workforce and infrastructure benefits to at least four Native Nations, including Assiniboine and Sioux, Northern Cheyenne, and Turtle Mountain Band of Chippewa.
Generates opportunities for Montana university and college graduates and for trades training programs.
Backed by letters of support from state and federal leaders, labor unions, and agricultural cooperatives.
Serves as a major rural economic driver by creating long-term jobs and new industrial capacity in Eastern Montana.
Meeting America’s Growing Demand for Domestic Supply
The United States currently relies on imports for nearly 90 percent of its nitrogen fertilizer, leaving producers vulnerable to global disruptions and price swings. EMFC addresses this challenge by directly substituting imported urea with domestic, decarbonized production. A fully executed offtake agreement through 2044 provides long-term revenue certainty supported by performance penalties. With strong rail and pipeline infrastructure and proximity to major grain-producing regions, the project positions Montana as a national hub for sustainable agricultural inputs.
A Secure, High-Return, Mission-Aligned Opportunity
Development capital raise of 15 million will complete permitting, engineering, and final diligence.
Total project capitalization of 1.5 billion across private equity, commercial debt, and public financing.
Multiple DCF runs project double-digit IRR and an expected 3x multiple on development capital at FID.
Institutional validation from the U.S. Department of Energy, major financial institutions, and engineering partners.
