Hazer Group Completes Process Design Package for Hydrogen Technology, Shares Up 7%

MT Newswires Live

04/15

Hazer Group (ASX:HZR) said it has completed a comprehensive process design package for the Hazer process, developed in collaboration with Kellogg Brown & Root, according to a Wednesday Australian bourse filing.

The company said the standardized design basis supports global deployment and licensing, with the package designed for 30,000 tonnes per year of hydrogen output, confirming industrial-scale capability and economic viability.

Hazer Group's shares rose 7% in recent Wednesday trade.

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