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Metall Zug AG ( (CH:METN) ) has issued an announcement.
The Association for the Decarbonization of Industry, along with Metall Zug AG and other partners, inaugurated an innovative methane pyrolysis plant aimed at reducing CO2 emissions in industrial production. This plant, located at the Tech Cluster Zug, represents a significant step towards achieving net-zero goals by 2050, by producing hydrogen without CO2 emissions and generating solid carbon as a byproduct. The project highlights the importance of collaboration between industry, research, and politics in driving sustainable energy solutions.
The most recent analyst rating on (CH:METN) stock is a Hold with a CHF752.00 price target. To see the full list of analyst forecasts on Metall Zug AG stock, see the CH:METN Stock Forecast page.
More about Metall Zug AG
Metall Zug is a group of industrial companies headquartered in Zug, employing around 1,000 people. It operates in three business areas: Medical Devices, Technology Cluster & Infra, and Investments & Corporate. The company holds significant investments in V-ZUG Holding AG, Komax Holding AG, and SteelcoBelimed AG. Metall Zug AG is listed on the SIX Swiss Exchange.
Average Trading Volume: 578
Technical Sentiment Signal: Sell
Current Market Cap: CHF343.4M
For an in-depth examination of METN stock, go to TipRanks’ Overview page.