Latest news for Wesfarmers (OTC:WFAFY) Stock

Wesfarmers

WESFARMERS LTD ADR

Wesfarmers is Australia's largest conglomerate. Its retail operations include the Bunnings hardware chain (number one in market share), discount department stores Kmart and Target (number one and three) and Officeworks in office supplies (number one). These activities account for the vast majority of group earnings before taxes. Other operations include chemicals, fertilizers, industrial and medical gases, LPG production and distribution, and industrial and safety supplies. Management is focused on generating cash and creating shareholder wealth in the long term.

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WFAFY

Hyzon Motors Signs Vehicle Supply Agreement With Coregas For Hydrogen-Powered Trucks

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WESFARMERS LTD UNSP/ADR by Wesfarmers Ltd.

Wesfarmers Ltd

<ul>
<li>Hyzon Motors Inc, which is going public via a SPAC merger with Decarbonization Plus Acquisition Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dcrb#NASDAQ">DCRB</a>), said its Australian subsidiary <a href="https://www.benzinga.com/pressreleases/21/07/n21974053/hyzon-motors-to-deliver-australias-first-hydrogen-powered-trucks-to-coregas-a-wesfarmers-company">had&nbsp;signed a vehicle supply agreement</a> with Coregas Pty Limited, a wholly-owned subsidiary of Australian conglomerate&nbsp;Wesfarmers Limited (OTC: <a class="ticker" href="https://www.benzinga.com/stock/wfafy#OTC">WFAFY</a>).</li>
<li>Hyzon will deliver two hydrogen fuel cell-powered prime movers to&nbsp;New South Wales, Australia.</li>
<li>The Hyzon Hymax-450 prime movers are expected to be delivered in the first half of 2022.</li>
<li>The prime movers will be integrated with Coregas&#39; existing diesel fleet and transporting specialty gases, including hydrogen, to Coregas customers in&nbsp;Sydney&nbsp;and wider&nbsp;New South Wales.</li>
<li>&quot;Hyzon is proud to partner with Coregas in our shared effort to decarbonize&nbsp;Australia&#39;s&nbsp;heavy trucking industry,&quot; said Hyzon CEO&nbsp;Craig Knight.</li>
<li>Price action: DCRB shares are trading higher by 2.17% at $10.37 on the last check Wednesday.</li>
</ul>

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