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An update from NEL ASA ( (NLLSF) ) is now available.
Nel Hydrogen US, a subsidiary of Nel ASA, has secured a significant purchase order worth approximately USD 7 million for two containerized PEM electrolyser units. These units, intended for a major US steel producer’s new mill, highlight Nel’s growing influence in the hydrogen market and reinforce the company’s reputation for reliable, easy-to-install solutions.
More about NEL ASA
Nel ASA is a leading hydrogen technology company, established in 1927 with a global presence. It specializes in electrolyser technology for renewable hydrogen production and hydrogen fueling equipment for vehicles. Nel’s products support the decarbonization of industries such as transportation, refining, steel, and ammonia.
YTD Price Performance: -19.51%
Average Trading Volume: 32,987
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $342.8M
For an in-depth examination of NLLSF stock, go to TipRanks’ Stock Analysis page.
