Lion Energy to Drive Green Hydrogen in Brisbane

Lion Energy Limited (AU:LIO) has released an update.

Lion Energy Limited has announced a joint venture with DGA and Samsung C&T aimed at delivering green hydrogen to Brisbane. The company has a market capitalization of $12.2 million and holds US$1.2 million in cash, excluding JV cash, as of June 30, 2024. Lion Energy’s capital structure shows major stakes held by Areen and Risco from Singapore, with the remaining shares distributed among the board, management, and other investors.

For further insights into AU:LIO stock, check out TipRanks’ Stock Analysis page.