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Hazer Group Ltd. ( (AU:HZR) ) just unveiled an update.
Hazer Group Ltd has achieved the first milestone under the Lower Carbon Grant – Gorgon Fund, securing a payment of $2.2 million. This funding enhances Hazer’s liquidity and supports the scale-up of its Western Australian technology, contributing to decarbonisation efforts supported by the Western Australian Government and the Gorgon Joint Venture.
More about Hazer Group Ltd.
Hazer Group is an Australian technology company focused on global decarbonisation efforts through the commercialisation of its innovative climate technology. The company produces clean hydrogen and high-quality graphite using a natural gas or biogas feedstock with iron-ore as a catalyst.
YTD Price Performance: 2.63%
Average Trading Volume: 143,429
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$89.8M
For a thorough assessment of HZR stock, go to TipRanks’ Stock Analysis page.