Australian Hazer Group Expands Graphite Market Exploration with Japanese Partner
Key Ideas
  • Hazer Group and Mitsui & Co. extend a non-binding MoU to explore graphite markets, focusing on steelmaking and chemicals industries.
  • The partnership aims to evaluate production by testing larger samples from Hazer's Perth plant and engaging with potential buyers.
  • Hazer's unique methane pyrolysis technology generates low-cost hydrogen and low-emissions graphite, offering a strategic advantage in global mineral supply chain concerns.
  • Hazer also progresses with plans to develop a plant in Canada capable of producing significant quantities of hydrogen and graphite annually.
Australia's Hazer Group and Mitsui & Co. are collaborating to explore potential markets for Hazer's graphite produced from its methane pyrolysis hydrogen technology. They have extended their memorandum of understanding for another year, focusing on market surveys for applications in steelmaking and chemicals. The HAZER® process, used by Hazer Group, breaks down methane into hydrogen and solid carbon, offering a unique advantage in both clean hydrogen production and graphite manufacturing. The partnership aims to test larger samples from the Perth demonstration plant and engage with potential customers, with identified applications in various industries like steel, iron, energy storage, and water purification. Hazer Group's CEO, Glenn Corie, expressed enthusiasm about the partnership with Mitsui and highlighted the technology's value proposition in the context of global mineral supply chain concerns. Additionally, Hazer Group has achieved successful hydrogen and graphite production at its Perth plant and is progressing with plans to build a plant in Canada, indicating significant growth in its operations. The Canadian plant, if realized, could produce substantial quantities of hydrogen and graphite annually, further solidifying Hazer Group's position in the clean energy market.
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