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Pure Hydrogen Expands Zero-Emission Fleet and Plans Natural Gas Asset Demerger

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Pure Hydrogen Expands Zero-Emission Fleet and Plans Natural Gas Asset Demerger

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Pure Hydrogen Corporation Limited Registered Shs ( (AU:PH2) ) has shared an announcement.

Pure Hydrogen Corporation has made significant strides in expanding its zero-emission vehicle offerings and enhancing its market reach. Key developments include the delivery of a hydrogen fuel cell garbage truck, agreements expected to generate significant revenue, and an MOU with ETHERO Truck + Energy to distribute vehicles in the US. Additionally, the company plans to demerge its Australian natural gas assets into a separate entity. These actions, alongside strong cash reserves, position Pure Hydrogen to capitalize on the growing demand for clean energy solutions.

More about Pure Hydrogen Corporation Limited Registered Shs

Pure Hydrogen Corporation Limited is a clean energy-focused company aiming to lead in zero emissions vehicle development and energy projects. The company plans to supply hydrogen fuel domestically in Australia and internationally, while expanding its zero emissions product line. It is also involved in natural gas projects in Australia and Botswana, and it aims to incubate early-stage clean energy projects for profit.

YTD Price Performance: -2.00%

Average Trading Volume: 346,725

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$36.97M

See more data about PH2 stock on TipRanks’ Stock Analysis page.

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