Australia's Hazer Group hits 19-month high on UK backing for project
02/10/2025 03:56
** Shares of Hazer Group HZR.AX rise as much as 6.9% to A$0.545, their highest level since February 14, 2024 ** Stock last up 2.9%, set for fifth consecutive session of gains ** UK government recognises Marram Energy Storage Hub (MESH) project as nationally significant ** MESH project is owned by EnergyPathways Plc's EPP.L; HZR is collaboration partner ** Project to follow fast-track development approvals reserved for projects of national significance in energy and other sectors ** About 661,000 shares traded so far, 1.8 times the 30-day avg ** Stock is up 40% YTD, including the session's moves (Reporting by Anjali Singh in Bengaluru) ((anjali.singh2@thomsonreuters.com;))
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