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Hazer Group Ltd. ( (AU:HZR) ) has issued an update.
Hazer Group Ltd, in collaboration with its UK partner EnergyPathways, has received UK Government backing for the Marram Energy Storage Hub (MESH) project, which has been designated as nationally significant. This recognition allows for fast-tracked development approvals, enhancing the integration of Hazer’s clean hydrogen technology into the project. The MESH project aims to become a key component of the UK’s clean energy infrastructure, combining energy storage, low-carbon power, and hydrogen production. This development positions Hazer’s technology at the forefront of the UK’s energy transition, potentially establishing one of the country’s most important clean energy hubs.
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 is an Australian technology company focused on global decarbonisation through its innovative climate-tech solutions. The company specializes in producing clean hydrogen and high-quality graphite using natural gas or biogas feedstock and iron-ore as a process catalyst.
Average Trading Volume: 292,385
Technical Sentiment Signal: Buy
Current Market Cap: A$111.3M
See more insights into HZR stock on TipRanks’ Stock Analysis page.