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An update from Hazer Group Ltd. ( (AU:HZR) ) is now available.
Hazer Group has signed a non-binding memorandum of understanding with Finnish chemicals producer Kemira to evaluate the use of Hazer’s methane pyrolysis technology and low-emissions carbon products within Kemira’s global operations. Over the one-year collaboration, Kemira will test Hazer Graphite in water treatment and assess the feasibility of integrating Hazer’s technology into industrial applications in the Nordics, potentially leading to licensing or offtake agreements and reinforcing Hazer’s standing as a leading methane pyrolysis provider in the chemicals value chain.
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 an Australian climate-technology company focused on commercialising its proprietary methane pyrolysis process to produce low-emissions, cost-competitive hydrogen and high-quality graphite from natural gas or biogas using iron ore as a catalyst. The company positions itself as a contributor to global decarbonisation by supplying cleaner hydrogen and carbon materials for industrial applications.
Average Trading Volume: 378,877
Technical Sentiment Signal: Hold
Current Market Cap: A$134.2M
Find detailed analytics on HZR stock on TipRanks’ Stock Analysis page.