Minbos & Talus: agreement to develop the Capanda Green Ammonia Project in Angola

Click to learn more. Minbos and Talus will develop a renewable ammonia project at the Capanda Dam in Angola, based on guaranteed supplies of cheap hydropower. Source: Minbos Resources.

Minbos Resources Limited and Talus Renewables have signed an agreement for the joint development of the Capanda Green Ammonia Project in Angola. The two parties will collaborate to submit a bid to a “prominent European renewable ammonia procurement process” to which they have already made a preliminary submission. Following that, they intend to incorporate a new Joint Venture (JV) to develop the Capanda Green Ammonia Project (CGAP).

Through an existing MoU with Angola’s National Electricity Transmission Network (RNT-EP), Minbos has secured hydroelectric power at a favourable fixed cost of 1.1 cents perkWh, part of which will be deployed to the CGAP. For ammonia production, the project will deploy the “TalusTen” ammonia production modules, which have a unitary capacity of ten tons per day. Talus’ technology was also recently deployed in Maxam’s renewable ammonia project in Northern Spain. Part of the ammonia from this project will be used to produce NPK fertilisers and ammonium nitrate (blasting agent) for the mining industry. NPK fertiliser production will complement Minbos’ nearby Cabinda phosphate project.

The project will target domestic, regional and overseas markets. Locally, the renewable ammonia can serve the mining sector and fertiliser production to meet fast-growing agriculture in the Malanje Province and beyond. Regional markets include neighbouring Zambia (which imports about 200,000 tons per year of ammonium nitrate for its mining industry), and South Africa (which imports about 300,000 tons annually of ammonia). Overseas, there are ready markets in Europe, South Korea and Japan.

According to findings from a study conducted by the two parties, the Angola-based project has unique advantages including low cost electricity, an important factor given that renewable ammonia’s cost competitiveness is largely driven by electricity costs. The study also established that CGAP can deliver export-grade renewable ammonia to Europe via isotainers or shipment, unlocking international markets and potential for government-backed fixed-term offtake contracts. The parties expect the products to come online in Q1 2028 and will now conduct a fully-fledged feasibility study.

This agreement and subsequent bid marks an important milestone in the Company’s strategy to deliver a world-class Green Ammonia project in Angola. Partnering with Talus brings cutting-edge technology, while Green Ammonia provides a strong local foundation. Together, we are positioned to deliver a project of scale that supports Angola’s economic diversification and Europe’s decarbonisation goals.

Lindsay Reed, Minbos Managing Director, in his organisation’s official press release, 27 October 2025

The Capanda Green Ammonia Project represents a unique opportunity to deploy Talus’ modular, zero-carbon ammonia technology at scale, in partnership with Minbos. By leveraging Angola’s world-class renewable hydropower and our proven TalusAg systems, we can deliver some of the most competitive Green Ammonia in the world for both local markets and European exports.

This project not only advances energy transition goals but also strengthens food security and mining supply chains across Africa. We are excited to move into the Feasibility stage and demonstrate the strength of our technology in one of the fastest- growing agricultural regions globally.

Hiro Iwanaga, Talus Renewables CEO, in Minbos’ official press release, 27 October 2025