Not Many Stocks Are There To Choose From What Could Become A Major Industry, Hydrogen

  • Oct 26, 2018 AEDT
  • Team Kalkine
Not Many Stocks Are There To Choose From What Could Become A Major Industry, Hydrogen

To be a major new industry for Western Australia, renewable hydrogen has the potential according to the newly formed Renewable Hydrogen Council. Comprising members of research bodies like that of ARENA and the CSIRO, government, and representatives from industry such as Woodside, Engie, and ATCO Gas.

It could refuel two fuel cell vehicles as demonstrated by the CSIRO recently, and for the development of the hydrogen industry in Australia, has also released what is essentially a blueprint. The cost of hydrogen supply and lack of supporting infrastructure can be overcome, ‘via a series of strategic investments along the value chain from both the public and private sector’ which as of now are barriers to industry incline.

One of the few ASX-listed players experimenting in hydrogen is Perth-based Hazer Group (ASX: HZR). For producing hydrogen and graphite from natural gas and iron ore, the company has a developed a technology. Using its own technology, one of the goals of Hazer, is to be the first into the Australian market to supply hydrogen. 

Dr. ACornejo said, Areas such as the production of ammonia and petrochemical refining Hydrogen in Australia is generally produced by industries for use within their own developments. The industry is forecast to grow to $US2.5 trillion by 2050, and the global market is said to be worth $US130 billion and $177.6 billion, according to a recent Morgan Stanley report. Hydrogen can be stored for future energy generation or export and can be burned, used to create electricity.

Minister MacTiernan said, ‘To provide the clean energy which the world will need, Western Australia has enormous potential, as the world moves to a lower carbon future, but the order is to move quickly and strategically’.

Hazer group is into commercializing the co-production of a high purity graphite and the production of hydrogen gas from methane with negligible carbon dioxide emissions. The Hazer group is trading at a market price of $0.370 under the materials sector and has witnessed a performance change of 29.09% over the past 6 months.


The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.


All pictures are copyright to their respective owner(s) does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK