NeuRizer Ltd (AU:NRZ) has released an update.
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NeuRizer Ltd has recently offloaded two residential properties, raising approximately $242k, and plans to sell three more to optimize its asset portfolio. The company is exploring opportunities to demonstrate and establish Underground Coal Gasification (UCG) technology in India, in collaboration with Coal India Limited (CIL) and other Indian entities, following India’s commitment to gasify 100 million tonnes of coal by 2030. NeuRizer’s strategic moves and international collaborations signal its alignment with significant global energy initiatives.
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