Hazer Group Ltd. (AU:HZR) has released an update.
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Hazer Group Ltd. has reached a significant milestone with its Commercial Demonstration Plant by successfully completing 100 hours of continuous operation, demonstrating the viability and robustness of its technology for producing hydrogen and graphite. This accomplishment marks a critical de-risking event for the company’s innovative process, positioning it for further commercial opportunities and growth in the clean energy sector. The success of the operation, despite external challenges, emphasizes the company’s advances in technology and readiness for larger-scale commercialization.
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