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The latest announcement is out from Hazer Group Ltd. ( (AU:HZR) ).
Hazer Group Ltd. has secured $1.15 million in funding from the Australian Research Council to advance the commercialisation of its graphite in collaboration with the University of Sydney. This partnership aims to strengthen research and support the translation of academic findings into practical applications, enhancing Hazer’s market position amid rising demand for graphite in energy transition sectors. The collaboration builds on existing partnerships with Mitsui and KBR, reinforcing the scalability and commercial readiness of Hazer’s technology, and aligns with the global shift towards sustainable industrial solutions.
More about Hazer Group Ltd.
Hazer Group Ltd. operates in the technology sector, focusing on the production of low-emission hydrogen and high-quality graphite through its proprietary methane pyrolysis process. The company is positioned to address market challenges in the graphite industry, particularly in sectors like steel making, thermal energy storage, and water purification.
Average Trading Volume: 224,526
Technical Sentiment Signal: Hold
Current Market Cap: A$94.52M
For an in-depth examination of HZR stock, go to TipRanks’ Stock Analysis page.