Australia's Hazer Group rises on Japanese patent for clean hydrogen production method
09/01/2025 24:15
** Shares of Hazer Group HZR.AX jump as much as 11.4% to
A$0.390, posting their biggest intraday pct gain since Dec. 3,
2024
** Climate tech firm says it secured a Japanese patent for a
method of hydrogen production from methane or natural gas,
utilising iron oxide as a catalyst
** CEO says the patented protection fortifies co's position
in low-cost, clean hydrogen and graphite production in the
Japanese market
** Stock fell 45.3% last year
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com;))
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