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Hazer Group Ltd. ( (AU:HZR) ) has provided an announcement.
Hazer Group Ltd has made significant advancements in its strategic alliance with KBR, focusing on scaling up and commercializing its clean hydrogen technology. The company has signed a memorandum of understanding with EnergyPathways to develop a clean hydrogen facility in the UK, designated as a nationally significant project. Additionally, Hazer is enhancing its graphite marketing strategy amid global supply constraints and has secured patents for its purification process. The company is well-positioned financially with robust funding and is actively engaging with potential customers across various industries to deploy its low-emission solutions.
The most recent analyst rating on (AU:HZR) stock is a Hold with a A$0.50 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 operates in the clean energy sector, focusing on the development and commercialization of innovative technologies for producing clean hydrogen and high-purity graphite. The company is engaged in strategic alliances and collaborations to scale up its technology and address global decarbonization and critical mineral challenges.
Average Trading Volume: 336,806
Technical Sentiment Signal: Hold
Current Market Cap: A$128.3M
Find detailed analytics on HZR stock on TipRanks’ Stock Analysis page.