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Posted by
Two Blokes Jul 4 -
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Stock
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Shares in AFC Energy PLC (AIM:AFC, OTC:AFGYF) rose as much as 15% on Friday after it unveiled a joint venture with Industrial Chemicals Group to produce low-cost hydrogen from ammonia, offering a more scalable alternative to traditional methods. The 50:50 partnership will use AFC's cracking technology, which breaks ammonia down into hydrogen and nitrogen using heat and catalysts.