Hazer Group and POSCO collaborate on low carbon steel

Technology development company Hazer Group has signed a Memorandum of Understanding (MOU) with Korea’s POSCO Steel to plan for the integration of Hazer’s technology into POSCO’s low carbon steel. POSCO, one of the world’s largest steel makers, and Hazer will develop a plan to integrate Hazer’s hydrogen production technology into POSCO’s low-carbon steel production. They…

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 .…

Hazer Group gets R&D refund

Technology development compay the Hazer Group has received a R&D tax incentive refund of $1.3 million for its development activities in the 2019 financial year. The Perth company is commercialising the Hazer process, a low-emission hydrogen and graphite production technology. Hazer CEO Geoff Ward said the funds, together with a capital raising in November, put…

Hazer progresses turquoise hydrogen production with new continuous operation milestone

Chemical engineering company Hazer Group has extended the number of hours in continuous operation achieved by its commercial demonstration plant (CDP), which converts methane to hydrogen and graphite, as testing of its reactor nears completion. In a statement on Monday, Hazer told investors that 362 hours of continuous operation had been achieved at the CDP,…

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…