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Hazer Group Ltd. ( (AU:HZR) ) has shared an announcement.
Hazer Group Ltd has signed a non-binding Memorandum of Understanding with UK-based EnergyPathways to explore the development of a clean hydrogen production facility in northwest England. The proposed facility, which aims to produce 20,000 tonnes of hydrogen annually, will be integrated into EnergyPathways’ Marram Energy Storage Hub. This collaboration underscores the UK government’s support for methane pyrolysis as a clean energy pathway and highlights Hazer’s role in advancing industrial decarbonization efforts both in the UK and globally.
More about Hazer Group Ltd.
Hazer Group Ltd is an Australian company operating in the clean energy sector, focusing on the development and commercialization of hydrogen production technology. The company primarily produces hydrogen, ammonia, and graphite, with a market focus on industrial decarbonization and clean energy solutions.
Average Trading Volume: 335,022
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$82.33M
For detailed information about HZR stock, go to TipRanks’ Stock Analysis page.