Hazer completes $9 million raise

Chemical engineering company Hazer Group announced on Monday that it has received binding commitments amounting to $9 million, before costs, under a placement.  The firm commitments for ordinary, fully-paid share came from “institutional, sophisticated and professional investors” and at an issue price of $0.50 per share, “together with a free attaching quoted HRZO class option…

Hazer Group confirms 2023 hydrogen plant start-up

Technology development company the Hazer Group has confirmed the second half of 2023 for the start-up of a commercial demonstration plant under construction in Western Australia to demonstrate the Hazer process for producing hydrogen from biomass. The plant, supported by the Australian Renewable Energy Agency (ARENA), has achieved gas flow and steady state operation. The…

ARENA accelerates Hazer Group funding

The Australian Renewable Energy Agency has agreed to accelerate the payment of support for the development of a plant to produce hydrogen from methane biogas being developed by Hazer Group. In 2020 Hazer and ARENA executed an agreement that will see it develop a $16.5 million commercial demonstration plant to produce low emission hydrogen .…