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Hazer Group Secures Key Japanese Patent, Enhancing Strategic Market Position
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Hazer Group Secures Key Japanese Patent, Enhancing Strategic Market Position

Story Highlights
  • Hazer Group Ltd gains a crucial patent in Japan for its hydrogen production process.
  • The patent boosts Hazer’s strategic market position and strengthens its partnerships in Japan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Hazer Group Ltd. ( (AU:HZR) ) has provided an update.

Hazer Group Ltd has been awarded a significant patent by the Japanese Patent Office, covering its process for producing hydrogen and graphitic carbon from hydrocarbons using iron ore as a catalyst. This development strengthens Hazer’s intellectual property position in Japan, a key strategic market, and supports its partnerships with major corporations like Chubu Electric, Chiyoda Corporation, and Mitsui. The patent enhances Hazer’s global IP coverage, which now includes over 70 patents and patent applications across various technologies, and positions the company as a leader in the production of low-cost clean hydrogen and graphite.

More about Hazer Group Ltd.

Hazer Group Ltd is an Australian technology company focused on driving global decarbonisation through the commercialisation of its innovative climate-tech solutions. The company’s advanced technology facilitates the production of clean, economically competitive hydrogen and high-quality graphite from natural gas or biogas using iron-ore as a catalyst.

YTD Price Performance: -6.58%

Average Trading Volume: 152,149

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$82.89M

For detailed information about HZR stock, go to TipRanks’ Stock Analysis page.

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