Hazer Group Ltd (ASX:HZR)
Hazer Group Limited (ASX:HZR) is adopting a multi-prong approach to commercialising its proprietary Hazer Process – the conversion, at moderate temperature and pressure, of natural gas into hydrogen and graphite, using iron ore as a process catalyst.
In September 2018, HZR successfully trialled the Hazer Process in an independently designed and operated external Fluidised Bed Reactor (FBR-EXT). The FBR-EXT process is representative of a typical FBR design in industry and is focused on the production of hydrogen, with graphite as a co-product. In the March 2019 quarter, HZR finalised a FEED study for a A$10m Commercial Demonstration Plant (CDP) and completed a concept study for a A$35m commercial scale plant (2,500tpa hydrogen, 8,750tpa graphite). Discussions with potential offtake partners, feedstock (biogas) suppliers and funding partners are currently taking place