BUZZ-Australia's Hazer Group rises on Japanese patent for clean hydrogen production method

Reuters

2025/01/09

** 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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