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Hazer Group Ltd. ( (AU:HZR) ) has issued an update.
Hazer Group Ltd has announced a strategic alliance with KBR to accelerate the commercialization of its methane pyrolysis technology, aiming to provide clean hydrogen and low-emissions graphite to the global ammonia and methanol industries. The partnership is expected to enhance Hazer’s market positioning by leveraging KBR’s expertise and market reach, while also addressing the growing demand for low-emissions solutions in the face of increasing environmental regulations. The company has also secured funding to advance its graphite marketing strategy and completed a successful capital raise to support its long-term liquidity and commercial scale-up efforts.
More about Hazer Group Ltd.
Hazer Group Ltd is a company operating in the technology and engineering sector, focusing on the development and commercialization of its proprietary methane pyrolysis technology. The company is primarily involved in providing clean hydrogen and low-emissions graphite, targeting the ammonia and methanol markets, with a broader focus on industrial decarbonization and critical mineral supply chain resilience.
Average Trading Volume: 365,968
Technical Sentiment Signal: Sell
Current Market Cap: A$92.93M
For a thorough assessment of HZR stock, go to TipRanks’ Stock Analysis page.