NeuRizer has provided an update on its project to produce hydrogen in China. The company has stated that it has signed an agreement with Meijin Energy Investment (Hainan) Co., Ltd. (Meijin) to produce hydrogen in China, accessing NeuRizer intellectual property and commercialisation expertise. The focus of these projects is to produce cost-effective hydrogen for use in Meijin's extensive commercial operations in China, to meet the large and growing demand for hydrogen in the country.
NRZ's COO has just achieved a significant milestone by completing an important trip to China where proposed ISG sites were assessed.
The positive results of an intial data review showed that two appropriate sites for ISG have been identified from Meijin's portfolio of assets in China and Mongolia that are deemed suitable for hydrogen production using NeuRizwe intellectual property and production expertise.
Firtehr work needs to be performed to confirm the initial results.