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Getech Group plc ( (GB:GTC) ) has issued an update.
Getech Group plc, in collaboration with Sound Energy plc, has formed a joint venture named HyMaroc Limited to explore natural hydrogen and helium resources in Morocco. This follows a successful regional screening study that identified areas with high potential for these resources. The joint venture aims to secure exclusive exploration rights and conduct further geophysical and drilling activities, leveraging Getech’s advanced exploration capabilities. This initiative positions Getech strategically in the emerging hydrogen and helium sector, aligning with Morocco’s supportive regulatory environment and commitment to renewable energy.
More about Getech Group plc
Getech is a leading locator of subsurface resources essential for the world’s energy security and sustainable transition. The company combines unique geoscience expertise, AI-driven analytics, and extensive geospatial insight to identify new energy and mineral resources and streamline exploration processes. Serving clients across corporates, government, and regulators in a wide range of industries, Getech is committed to enabling energy and mineral security while supporting a shift towards low carbon sources.
Average Trading Volume: 408,015
Technical Sentiment Signal: Sell
Current Market Cap: £3.05M
Find detailed analytics on GTC stock on TipRanks’ Stock Analysis page.