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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.