Bion Environment Stock Price, News & Analysis

Bion Environmental Technologies (BNET) has produced and distributed samples of its organic nitrogen fertilizers to several major U.S. manufacturers and distributors. The company has developed two products: Bion AB10, an OMRI Listed 10% nitrogen fertilizer (10-0-0), and a new 7-0-0 product designed for western U.S. markets, pending California Department of Food and Agriculture organic certification.

The fertilizers are produced using Bion's Ammonia Recovery System (ARS), which captures over 90% of ammonia released during Renewable Natural Gas (RNG) production from organic waste. The system converts the captured ammonia into ammonium bicarbonate, creating a stabilized, readily-available source of plant nitrogen that can be efficiently transported and precision-applied.

The technology addresses environmental concerns by preventing ammonia escape while creating valuable organic fertilizer products, supporting both sustainable livestock operations and the renewable fuels industry.

Bion Environmental Technologies (BNET) has completed testing of its Ammonia Recovery System (ARS) at Fair Oaks, achieving significant milestones. Independent lab results confirm the system can effectively isolate and upcycle ammonia from digester effluent at commercial scale, with performance exceeding initial models. The ARS can capture over 85% of ammonia from waste streams, converting it into high-value organic nitrogen fertilizer.

The company has received OMRI fertilizer listing and is preparing an independent engineering report. Bion is in discussions with major fertilizer distributors and exploring opportunities in California's Central Valley for circular ammonia and water recovery solutions. The technology shows improved economics and operational efficiency at larger scales, with potential for further cost reductions through planned modifications.

Bion Environmental Technologies (OTC QB: BNET), a company specializing in advanced livestock waste treatment technology, has released an Update and Outlook report. The company's patented Ammonia Recovery System converts animal manure and organic waste into organic nitrogen fertilizer products and clean water. Bion is currently focusing on providing ammonia control and resource recovery for an indoor cattle feeding operation in Montana, while also developing solutions for the renewable natural gas and clean fuels sector.

Bion Environmental Technologies (OTC QB: BNET) provided updates on multiple fronts. The Board ratified a $500,000 note agreement with BLG, , which includes three Bion Directors. The company's Ammonia Recovery System (ARS) at Fair Oaks continues meeting expectations, with its OMRI Listed 10-0-0 liquid nitrogen fertilizer showing a 96% lower Carbon Intensity score compared to urea baseline. The company is progressing with the Yellowstone Cattle Feeders project in Shepherd, Montana, aiming to begin construction by December 31, 2024.

Bion Environmental Technologies (OTC QB: BNET) has announced a shareholder call scheduled for October 9, 2024, at 7:00 PM ET. The company is finalizing testing and data runs at its Ammonia Recovery System (ARS) demonstration facility in Fair Oaks, Indiana, with completion expected this quarter. Bion has received funding from a previously announced loan group, though a formal agreement is pending due to resolved patent-related issues.

The company is in the pre-development phase of the Stovall-Bion project in Shepherd, Montana, aiming to begin construction by December 31, 2024. Despite recent challenges, Bion's interim CEO Craig Scott highlighted that the ARS technology's performance has exceeded expectations. The company's patented system produces organic and low-carbon nitrogen fertilizer products and clean water from animal manure waste, supporting their Gen3Tech system for sustainable livestock production.

Bion Environmental Technologies (OTC QB: BNET) has achieved a significant milestone with its commercial 10-0-0 nitrogen fertilizer now OMRI Listed for organic use. This breakthrough, produced by Bion's patented Ammonia Recovery System (ARS), captures nitrogen from livestock manure and organic waste streams, converting it into a stable, concentrated liquid fertilizer. The ARS technology addresses key environmental concerns by reducing carbon footprint, nitrogen runoff, and off-gassing.

The fertilizer's unique properties allow for efficient application in organic crop production, potentially closing the yield gap between organic and conventional farming. Bion plans to target markets including high-value specialty crops, organic corn side dressing, and hydroponic applications. This innovation represents a major step towards circular agriculture, enhancing nutrient management and resource efficiency in livestock and farming operations.

Bion Environmental Technologies (OTC QB: BNET) has secured $500,000 in short-term financing from a group led by its three newest board members. The financing will be in the form of a note convertible into shares at the terms of Bion's next offering. Proceeds will maintain operations until a larger offering can be completed.

The company plans to pursue two main opportunities: the Stovall Ranching Company JV for premium Montana beef production and standalone ammonia control solutions for industrial and municipal sectors. Interim CEO Craig Scott acknowledged past leadership and cash flow issues but emphasized the company's technology has exceeded expectations.

Bion's patented Ammonia Recovery System produces organic and low-carbon nitrogen fertilizer products and clean water from animal manure and other organic waste streams. The company is focusing on developing state-of-the-art indoor cattle feeding operations and providing solutions in the clean fuels industry.