other material
confidence high
sentiment positive
materiality 0.70
Bion signs LOI with Ribbonwire Ranch for 15,000-head sustainable beef facility
BION ENVIRONMENTAL TECHNOLOGIES INC
- LOI with Ribbonwire Ranch for 15,000-head integrated beef facility in Dalhart, Texas; expandable to 60,000 head.
- Definitive joint venture expected this fall; construction targeted for 2023.
- Facility to include anaerobic digesters, Bion 3G Tech for RNG, fertilizer, and clean water byproducts.
- Company plans demonstration project at Fair Oaks, Indiana starting construction in Fall 2022 to validate technology.