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The latest update is out from Hazer Group Ltd. ( (AU:HZR) ).
Hazer Group Ltd has entered into a non-binding Memorandum of Understanding with First Graphene Ltd to explore high-value applications for Hazer’s graphite. This collaboration aims to leverage the technical and commercial advantages of Hazer’s graphite in First Graphene’s product lines, aligning with the increasing global demand for graphite and graphene. The partnership is expected to enhance Hazer’s market opportunities and strengthen its strategic position in the advanced materials sector, particularly as graphite is recognized as a critical mineral essential for energy transition technologies.
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 operating in the advanced materials industry, focusing on the production of high-purity graphite through its proprietary Hazer® Process. The company targets high-volume markets and selective high-value applications, particularly in the context of growing global demand and supply constraints in the graphite market.
Average Trading Volume: 346,563
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$91.62M
For a thorough assessment of HZR stock, go to TipRanks’ Stock Analysis page.