Pure Hydrogen Unit Sells Hydrogen Fuel Cell Prime Movers

MT Newswires Live
23 Jan

Pure Hydrogen (ASX:PH2) said its majority-owned unit, HDrive International, confirmed the sale of two hydrogen fuel cell prime movers to logistics firm TOLL Transport, according to a Thursday Australian bourse filing.

The order is part of a broader package valued at over AU$2 million, and the delivery of the prime movers is scheduled for the fourth quarter of 2025, the filing said.

The order follows two separate agreements with Vietnam ASEAN Hydrogen Club for zero-emission vehicles as well as associated refueling hydrogen infrastructure, with the total revenue expected to be about AU$9.4 million, the filing said.

The company's shares fell 1% in recent Thursday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10