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Australian Mines ( (AU:AUZ) ) just unveiled an update.
Australian Mines Limited announced the successful independent testing of its Metal Hydride (MH-May24) by the Hydrogen Materials Advanced Research Consortium (HyMARC). The testing confirmed the material’s key storage parameters, including hydrogen absorption capacity and energy density, and demonstrated its potential for long-term energy storage, which could significantly impact the company’s position in the energy storage industry.
More about Australian Mines
Australian Mines Limited operates in the energy sector, focusing on the development of advanced materials for hydrogen storage. The company is engaged in creating innovative solutions such as Metal Hydride (MH-May24) to enhance energy storage capabilities.
YTD Price Performance: -30.0%
Average Trading Volume: 9,615,136
Technical Sentiment Signal: Sell
Current Market Cap: A$16.29M
For a thorough assessment of AUZ stock, go to TipRanks’ Stock Analysis page.