Hazer Group Ltd. ( (AU:HZR) ) just unveiled an announcement.
Hazer Group Ltd has entered a strategic alliance with KBR, a global leader in technology and engineering solutions, to accelerate the commercialization and licensing of its methane pyrolysis technology. This partnership is expected to significantly enhance Hazer’s market penetration and provide a clear pathway to commercial scale, unlocking new revenue streams in the ammonia and methanol markets. The alliance aims to secure multiple licensing deals within six years, leveraging KBR’s resources and market reach to fast-track the deployment of Hazer’s technology, thereby positioning the company as a leader in low-emissions hydrogen supply.
More about Hazer Group Ltd.
Hazer Group Ltd is a company focused on the development and commercialization of methane pyrolysis technology for clean hydrogen production. The company is targeting high-growth market segments such as ammonia and methanol, with a particular focus on regions like North America and the Middle East.
YTD Price Performance: -4.00%
Average Trading Volume: 173,203
Technical Sentiment Signal: Buy
Current Market Cap: A$82.99M
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