Hazer Group Ltd. (AU:HZR) has released an update.
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Hazer Group Ltd has secured a $6.2 million grant from the Western Australian Government’s Lower Carbon Grants Program to support its commercial reactor scale-up initiative. The funding will be allocated in stages, with the first payment of approximately $2 million expected soon, aiding Hazer’s mission to produce clean hydrogen and graphite. This strategic financial boost aligns with Hazer’s goal to expedite its technology commercialization and expand its global market reach.
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