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Hazer Group (HZR) - A New Process for a New World

610 Views06 Apr 2021 08:19
Issuer-paid
SUMMARY

Hazer Group Limited is an ASX-listed technology development company involved in proving the commercial viability of its low-emission hydrogen and graphite production process (the HAZER Process). Through application of the HAZER Process management is looking to demonstrate an environmentally and cost-effective method of producing hydrogen and high-quality graphite, using iron ore as a process catalyst. To that end the company is in the process of constructing a Commercial Demonstration Plant (CDP). The CDP is designed to be a 100tpa facility, producing low-emission hydrogen. This will be the first large-scale evaluation of the Hazer Process in a fully integrated plant. The company has secured a working relationship with the Chiyoda Corporation under a Memorandum of Understanding (MOU) to collaborate on the commercialisation of the Hazer technology in Japan.

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