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Hazer Group Ltd. ( (AU:HZR) ) just unveiled an announcement.
Hazer Group Ltd has announced the advancement of its planned production facility in Nagoya, Japan, following a successful pre-feasibility study conducted with Chubu Electric Power Company and Chiyoda Corporation. The project aims to produce 2,500 tonnes of clean hydrogen and high-quality graphite annually, leveraging Chubu Electric’s existing LNG infrastructure. This initiative is part of Hazer’s strategy to contribute to Japan’s decarbonisation efforts, with potential funding opportunities being explored under Japanese government initiatives. The project is expected to strengthen Hazer’s position in the Japanese market, addressing hard-to-abate sectors with a cost-effective and scalable solution.
More about Hazer Group Ltd.
Hazer Group Ltd is an Australian technology company focused on global decarbonisation through the commercialisation of its innovative climate-tech. The company specialises in producing clean hydrogen and high-quality graphite using natural gas or biogas and iron-ore as a catalyst.
Average Trading Volume: 211,106
Technical Sentiment Signal: Sell
Current Market Cap: A$91.06M
For detailed information about HZR stock, go to TipRanks’ Stock Analysis page.