Australia's Hazer Group jumps on MoU extension with POSCO Steel

About this update from Posco Steeleon Co.,ltd.

** Shares of Hazer Group ASX:HZR rise as much as 3.3% to A$0.465, posting their biggest intraday pct gain since November 25** Environmental services company says it has extended its existing non-binding MoU with South Korea's POSCO Steel KRX:058430 for a further two years** Extension sets out next steps in preparing a project pathway for the integration of Hazer's technology into POSCO's proprietary low-carbon steel process, says co** Stock at highest level since November 28** HZR currently up 2.8%, bringing YTD gains to 23.3%

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