Hazer Group Ltd. (AU:HZR) has released an update.
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Hazer Group Ltd. has announced significant advancements in its commercial demonstration plant, achieving over 360 hours of continuous operation with over 97% uptime, signaling a step closer to commercial scalability. The company’s methane to hydrogen conversion rates are nearing design goals, and they have produced substantial amounts of graphite, now optimizing quality for commercial partners. With global patent coverage and ongoing commercial project developments, including a large-scale facility in Canada, Hazer is cementing its position in the clean hydrogen production market.
For further insights into AU:HZR stock, check out TipRanks’ Stock Analysis page.