NeuRizer opens up significant new revenue stream with China hydrogen deal

Tuesday, June 06, 2023 11:30 AM | TheNewsWire via QuoteMedia

(NewsDirect)

NeuRizer Ltd (ASX:NRZ) chairman Justyn Peters discusses with Proactive a recent deal the company has agreed with Meijin Energy Investments - the largest integrated hydrogen company in China. Following site assessments NRZ will provide intellectual property and be the operator at ISG sites under a licensing agreement. Peters says MEI will pay NRZ US$25 million per site as the licence fee.