Hazer Group Ltd. (AU:HZR) has released an update.
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Hazer Group Ltd has partnered with POSCO, one of the world’s largest steelmakers, to advance the decarbonization of the steel industry through a new clean hydrogen production technology. The non-binding MOU between the companies will explore integrating Hazer’s technology with POSCO’s low-carbon steel production and further applications of Hazer’s graphite. This collaboration aligns with both companies’ commitments to reducing carbon emissions, with POSCO aiming for carbon neutrality by 2050.
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