Hazer Group Ltd. (AU:HZR) has released an update.
Hazer Group Ltd. has reached a pivotal milestone by achieving its first hydrogen and graphite production at the Commercial Demonstration Plant using its proprietary Hazer Process. This marks a significant step in the company’s growth, substantiated by a successful capital raise of over $14 million and a $0.95 million grant from the Australian Renewable Energy Agency. The Company is progressing well with its CDP test program, aiming for commercial readiness within the year, while also advancing licensing discussions with potential global project partners and customers.
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