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Pure Hydrogen Secures Major Hydrogen Equipment Deal in Latin America

Story Highlights
  • Pure Hydrogen secures a US$28 million agreement with GreenH2 LATAM for hydrogen infrastructure in Mexico.
  • The deal enhances Pure Hydrogen’s market position in Latin America and supports sustainable energy transition.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pure Hydrogen Secures Major Hydrogen Equipment Deal in Latin America

Pure Hydrogen Corporation Limited Registered Shs ( (AU:PH2) ) has provided an announcement.

Pure Hydrogen Corporation Limited has secured a significant agreement with GreenH2 LATAM, a leading clean energy company in Mexico City, to supply hydrogen infrastructure for two projects in Mexico. This agreement, valued at US$28 million, includes the provision of electrolysers, compression, refuelling, storage, and transport equipment, and grants GreenH2 LATAM exclusive distribution rights in Mexico and Colombia. This collaboration is expected to enhance Pure Hydrogen’s position in the global hydrogen market, particularly in Latin America, and aligns with the region’s commitment to sustainable energy transition. The deal follows recent purchase orders from TOLL Transport and Heidelberg Materials, further validating Pure Hydrogen’s strategy and expanding its reach into key markets.

More about Pure Hydrogen Corporation Limited Registered Shs

Pure Hydrogen Corporation Limited is an Australian clean energy company focused on providing hydrogen infrastructure and solutions. The company is involved in the supply of hydrogen equipment, including electrolysers, compression, refuelling, storage, and transport systems, aiming to support the global shift towards clean energy.

YTD Price Performance: -12.00%

Average Trading Volume: 409,074

Technical Sentiment Signal: Buy

Current Market Cap: A$32.87M

Learn more about PH2 stock on TipRanks’ Stock Analysis page.

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