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Hazer Group Ltd. ( (AU:HZR) ) just unveiled an update.
Hazer Group Limited has achieved a significant milestone by securing the second key progress milestone under the Lower Carbon Grant – Gorgon Fund, resulting in a $2.2 million payment. This funding, part of a $6.2 million grant from the Western Australian Government, supports Hazer’s efforts to scale up its technology and enhance liquidity. The grant, funded by the Gorgon Joint Venture, underscores the company’s role in local decarbonisation initiatives and strengthens its market position.
More about Hazer Group Ltd.
Hazer Group is an Australian technology company focused on advancing global decarbonisation through the commercialisation of its innovative climate technology. The company produces clean hydrogen and high-quality graphite using natural gas or biogas as feedstock and iron-ore as a process catalyst.
YTD Price Performance: -13.33%
Average Trading Volume: 143,349
Technical Sentiment Signal: Buy
Current Market Cap: A$74.84M
For an in-depth examination of HZR stock, go to TipRanks’ Stock Analysis page.