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The latest update is out from Hazer Group Ltd. ( (AU:HZR) ).
Hazer Group Ltd has announced securing national patent filings for a novel electrochemical purification process that produces ultra-high purity graphite, exceeding 99.9% purity. This development positions Hazer to tap into the high-value battery materials market, particularly for lithium-ion batteries, amid tightening global graphite supply. The innovation strengthens Hazer’s market strategy by diversifying its applications across various industries and reinforcing its position as a leader in low-emission graphite production. The company’s approach aims to address the growing demand for secure, localized supply chains, especially as geopolitical factors and surging demand from the EV sector drive up graphite prices.
The most recent analyst rating on (AU:HZR) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Hazer Group Ltd. stock, see the AU:HZR Stock Forecast page.
More about Hazer Group Ltd.
Hazer Group Ltd is a company operating in the technology sector, focusing on the production of low-emission hydrogen and high-quality graphite through its proprietary Hazer® Process. The company targets high-volume markets such as steelmaking, cement, and asphalt, while also penetrating high-value applications like battery manufacturing and energy storage.
Average Trading Volume: 330,457
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$86.38M
See more insights into HZR stock on TipRanks’ Stock Analysis page.