BUZZ-Australia's Hazer Group jumps on MoU extension with POSCO Steel
Reuters
Dec 03, 2025
BUZZ-Australia's Hazer Group jumps on MoU extension with POSCO Steel
** Shares of Hazer Group HZR.AX rise as much as 3.3% to A$0.465, posting their biggest intraday pct gain since November 25
** Environmental services company says it has extended its existing non-binding MoU with South Korea's POSCO Steel 058430.KS for a further two years
** Extension sets out next steps in preparing a project pathway for the integration of Hazer's technology into POSCO's proprietary low-carbon steel process, says co
** Stock at highest level since November 28
** HZR currently up 2.8%, bringing YTD gains to 23.3%
(Reporting by Adwitiya Srivastava in Bengaluru)
((Adwitiya.Srivastava@thomsonreuters.com))
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