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Hazer Group Ltd. ( (AU:HZR) ) has shared an announcement.
Hazer Group Ltd has made significant strides in advancing its Hazer Process, achieving key milestones such as the successful completion of the Commercial Demonstration Plant performance test, which demonstrated the scalability and reliability of its technology. The company has formed a strategic alliance with KBR to accelerate the scale-up and licensing of its technology, targeting significant markets like ammonia and methanol. Hazer is also progressing with projects in Canada, Japan, and the UK, aiming to expand its hydrogen production capabilities. Additionally, the company is capitalizing on the growing demand for graphite, securing key deals and strengthening its intellectual property portfolio to enhance its market position.
The most recent analyst rating on (AU:HZR) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Hazer Group Ltd. stock, see the AU:HZR Stock Forecast page.
More about Hazer Group Ltd.
Hazer Group Ltd is an Australian company specializing in clean energy technology, primarily focusing on the production of clean hydrogen and high-quality graphite through its proprietary Hazer Process. The company is positioned as a leader in the global energy transition, with a market focus on decarbonization and sustainable energy solutions.
Average Trading Volume: 446,041
Technical Sentiment Signal: Buy
Current Market Cap: A$128.3M
See more insights into HZR stock on TipRanks’ Stock Analysis page.