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The latest update is out from Hazer Group Ltd. ( (AU:HZR) ).
Hazer Group Ltd has made significant strides in its strategic alliance with KBR to accelerate the deployment and licensing of its methane pyrolysis technology. This partnership aims to capitalize on the shift away from green hydrogen projects by offering a cost-effective, low-emission alternative. With active operations across Australia, the UK, and the US, Hazer is poised to meet the growing demand for hydrogen in industrial sectors, supported by KBR’s global networks. The alliance positions Hazer to provide a scalable solution for industrial decarbonization, leveraging existing gas infrastructure without CO₂ emissions.
More about Hazer Group Ltd.
Hazer Group Ltd operates in the clean energy sector, focusing on the production of low-emission hydrogen through its proprietary methane pyrolysis technology. The company targets industries such as ammonia and methanol production, where hydrogen is already widely used, leveraging existing supply chains and infrastructure.
Average Trading Volume: 347,111
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$78.53M
See more insights into HZR stock on TipRanks’ Stock Analysis page.