http://www.proactiveinvestors.com.au Proactiveinvestors RSS feed en Sun, 23 Sep 2018 22:34:09 +1000 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - Hazer Group independent testing validates technology ]]> http://www.proactiveinvestors.com.au/companies/news/205069/hazer-group-independent-testing-validates-technology-205069.html Hazer Group Ltd (ASX:HZR) has had its proprietary Hazer Process successfully tested and validated in an independently designed and operated external Fluidized Bed Reactor (FBR).

The purpose of the independent testing was to obtain input from an FBR specialist on the operability and scale-ability of the Hazer process.

Also to provide a performance comparison Hazer’s FBR, produce comparative bulk graphite samples, and assess alternative heating methods.

READ: Hazer Group to move pilot plant to Mineral Resources site

Hazer’s chief technical officer Dr Andrew Cornejo said: “Similar to the Hazer FBR Pilot plant, the external FBR did not experience any significant operating difficulties or issues with de-fluidisation or sintering using the Hazer process.

Hazer’s FBR plant has 600% higher production rate

Dr Cornejo added: “We are encouraged by these results as they demonstrate we are on the right track with our own FBR design.

“Despite our own in-house FBR Pilot Plant reactor being physically smaller than the external FBR rig its nominal production rate was shown to be more than 600% higher.

“This demonstrates the progress of our technical team in developing the Hazer proprietary process design.”

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Tue, 18 Sep 2018 11:03:00 +1000 http://www.proactiveinvestors.com.au/companies/news/205069/hazer-group-independent-testing-validates-technology-205069.html
<![CDATA[News - Hazer Group to move pilot plant to Mineral Resources site ]]> http://www.proactiveinvestors.com.au/companies/news/203744/hazer-group-to-move-pilot-plant-to-mineral-resources-site-203744.html Hazer Group Ltd (ASX:HZR) plans to relocate its fluid bed reactor (FBR) pilot plant from Sydney to Mineral Resources Ltd’s (ASX:MIN) Perth site.

Hazer and MIN executed a binding cooperation agreement in December 2017 to work together to develop Hazer’s technology known as the Hazer Process.

Hazer acting CEO Mark Edwards said: “This is an important step in the commercialisation of the Hazer Process because we see great synergies, cost savings and benefits in locating the two plants together at MIN’s site in Kwinana so they can both produce graphite and hydrogen for further testing but also showcase our technology to the world.”

READ: Hazer Group commissions studies for plants aimed at building business case for Hazer process

Hazer’s FBR plant will be next to MIN’s paddle tube reactor (PTR) pilot plant providing for synergies such as cost sharing.

Edwards added: “This pending agreement is an outstanding deal for Hazer because it allows the paddle tube technology which is ideal for graphite production to be developed using the larger capital resources of Mineral Resources while we provide the technical support and know-how of the Hazer process technology.”

Mineral Resources committed to investing in development

As per the December 2017 agreement, MRL is providing all capital required for a staged development project for graphite production in exchange for Hazer's technology.

Positively, MIN has progressed its PTR pilot plant and committed to many long lead items and started construction.

The planning and design of the co-located pilot plants has mostly been finalised at MIN’s Kwinana facilities in Western Australia in anticipation of construction of the PTR pilot plant.

Hazer and MRL are negotiating final terms for Hazer’s FBR relocation.

PTR pilot plant graphite testing in December quarter

The commissioning of MIN's PTR pilot plant aims to be in the December quarter of this year.

Importantly, MRL is to pay Hazer a revenue-based royalty that achieves an agreed share of profits after tax generated from the sale of graphite.

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Wed, 29 Aug 2018 12:20:00 +1000 http://www.proactiveinvestors.com.au/companies/news/203744/hazer-group-to-move-pilot-plant-to-mineral-resources-site-203744.html
<![CDATA[News - Hazer Group commissions studies for plants aimed at building business case for Hazer process ]]> http://www.proactiveinvestors.com.au/companies/news/203435/hazer-group-commissions-studies-for-plants-aimed-at-building-business-case-for-hazer-process-203435.html Hazer Group Ltd (ASX:HZR) has commissioned engineering studies for a small demonstration plant and a commercial plant aimed at building a business case for the Hazer low-emission hydrogen and graphite production process.

GLP Group Pty Ltd has been engaged to progress Front End Engineering and Design (FEED) for the demonstration plant together with a concept engineering study for the larger plant.

Hazer Group acting CEO Mark Edwards said: “Together with our internal team of technical specialists, the outcome of this study is to build a more compelling business case for a Hazer commercial plant.”

He said another aim was to “provide independent commercial data to allow us to better evaluate Hazer’s potential for hydrogen and graphite production in both local and global markets”.

Single run graphite produced from the Hazer process.

GLP is an Australian owned and operated engineering services company.

It provides innovative processing design and technologies to the petrochemical, oil & gas, refining, mining and waste treatment industries in Australia and around the world.

READ: Hazer Group shares rise on pilot plant results

The FEED study will deliver a cost estimate for construction of a demonstration plant, allowing for installation options to be considered.

This plant will target daily production capacity of about 100 kilograms of high-purity hydrogen, which was determined as a suitable size for a small localised hydrogen vehicle supply project.

It equates to around 500 kilograms per day of combined hydrogen and graphite nameplate capacity.

Plant will utilise Hazer process

The demonstration plant will utilise the Hazer process as a fully integrated, continuously operating technology, at practicable scale, with proven capability to supply a final product to market.

It will also establish the technology application prototype for the design and construction of future commercial facilities.

Edwards said: “Hazer has aspirations to develop a project in Perth to supply local buyers of hydrogen, but also the demonstration plant aims to showcase the Hazer process to the world.”

READ: Hazer Group shares surge following significant performance improvements for its unique process

The concept engineering study for a commercial plant will leverage off the work done in the FEED study.

A commercial plant will target annual production capacity of around 2,500 tonnes of high-purity hydrogen, that could be used for application in the hydrogen vehicle industry as an example.

This equates to around 12,500 tonnes of combined hydrogen and graphite product nameplate capacity.

Study will generate economic data

The concept study will generate preliminary capital and operating expenditure data.

This will allow for the development of project economics data and development of a business case for future commercial facilities for the Hazer process as a fully integrated, standalone, commercial-scale plant.

Both studies are scheduled to be completed around the middle of the December quarter of 2018.

Hazer will utilise the data and outcomes to evaluate and progress opportunities for the ongoing design and construction of a demonstration plant capable of supplying final product to market.

Additionally, commercial-scale study data and outcomes will be incorporated to further develop commercial opportunities and establish cost points for the intended commercial products of hydrogen and graphite.

“This will be a milestone study by an independent group to provide some robust economic data to set us on a solid foundation for the commercialisation of the Hazer process,” Edwards added.

There has been no decision made to proceed with construction of either plant pending outcome of the studies.

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Thu, 23 Aug 2018 09:31:00 +1000 http://www.proactiveinvestors.com.au/companies/news/203435/hazer-group-commissions-studies-for-plants-aimed-at-building-business-case-for-hazer-process-203435.html
<![CDATA[Media files - Hazer Group pre-pilot plant now considered a pilot plant, as tests beat targets by 300% ]]> http://www.proactiveinvestors.com.au/companies/stocktube/10198/hazer-group-pre-pilot-plant-now-considered-a-pilot-plant-as-tests-beat-targets-by-300-10198.html Wed, 22 Aug 2018 14:30:00 +1000 http://www.proactiveinvestors.com.au/companies/stocktube/10198/hazer-group-pre-pilot-plant-now-considered-a-pilot-plant-as-tests-beat-targets-by-300-10198.html <![CDATA[News - Hazer Group shares rise on pilot plant results ]]> http://www.proactiveinvestors.com.au/companies/news/202534/hazer-group-shares-rise-on-pilot-plant-results-202534.html Hazer Group Ltd (ASX:HZR) has exceeded capacity targets by 300% in its successfully upgraded and commissioned 2nd generation pre-pilot plant, also known as the FBR pilot plant.

The plant is testing the Hazer Process, a low-emission hydrogen and graphite production process technology.

A total of 40 kilograms of graphite and 10 kilograms of hydrogen has been produced from five initial test runs with the largest haul from a single run being 12.4 kilograms of graphite.

READ: Hazer Group shares surge following significant performance improvements for its unique process

Hazer’s acting CEO Mark Edwards said: “Since the 1st generation pre-pilot plant results, we rapidly progressed the technical development of the Hazer process.

“In doing so, we have exceeded our expectations and now have a true pilot plant with a proven production capacity that is a relevant demonstration of Hazer’s reactor technology.

“Our focus is now shifting to the commercialisation phase where we will develop multiple strategies to generate revenue from this exciting new technology.”

Testing to continue

Initial testing of the FBR Pilot Plant conducted over the past month focussed on validating operations of the new systems and increasing the average production capacity for both graphite and hydrogen product.

Testing will continue but with the focus shifting to optimising the purity of the products in conjunction with a rigorous regime of extended continuous operation testing.

Hazer aims to increase product purity this September quarter and then increase the run duration of the plant to over 24 hours by the end of this calendar year.

Edwards added: “The next stage of testing on the FBR pilot plant will be to focus on the purities of the hydrogen and graphite products, even though they are already in commercial ranges, further optimisation will improve economics before they are post purified using conventional systems.”

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Fri, 10 Aug 2018 12:31:00 +1000 http://www.proactiveinvestors.com.au/companies/news/202534/hazer-group-shares-rise-on-pilot-plant-results-202534.html
<![CDATA[News - Hazer Group shares surge following significant performance improvements for its unique process ]]> http://www.proactiveinvestors.com.au/companies/news/201096/hazer-group-shares-surge-following-significant-performance-improvements-for-its-unique-process-201096.html Hazer Group Ltd (ASX:HZR) has demonstrated a 400% increase in the average production rate of hydrogen and graphite during final test runs on its 1st generation pre-pilot plant (PPP).

The company’s Hazer Process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high-quality graphite, using iron ore as a process catalyst.

Hazer achieved an average production of nearly a kilogram of graphite in a single run with an equivalent production rate of more than 5.5 kilograms per day of total products, comprising unpurified graphite and hydrogen content.

This represents a >400% increase in production rates initially reported.

Hazer’s acting chief executive officer Mark Edwards said: “From the current small and un-optimised reactor, Hazer engineers have successfully demonstrated the capability and capacity to adapt the process to yield higher graphite or hydrogen purities.

“The next phase of development using the 2nd generation upgrade is to optimise reactor throughput and purity for both products.

“Most importantly safety is a priority, throughout the 1st generation reactor operation and testing, Hazer operators’ developed and followed operating procedures ensuring zero safety incidents, providing confidence in the system engineering and control requirements to ensure zero harm.”

READ: Hazer Group commences pilot plant development with Mineral Resources

Upgrades to the 1st gen PPP are being finalised to increase the system production capacity, improve product purities and to enable the system to operate for extended durations.

Once these tests are completed the core aspects of the process will have been demonstrated.

Following this, a demonstration plant is planned that will include most ancillary plant functions to enable full system integration testing as well as further product and energy optimisation.

Single run graphite produced from the Hazer Process

Edwards added: “The commissioning of the 2nd gen PPP commenced in the 3rd week of June.

“This is an important step to the pathway to commercialisation and our vision to be a leader in the production of low emission hydrogen.”

Progressive testing results of the 2nd gen PPP are expected in the coming months.

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Thu, 19 Jul 2018 12:23:00 +1000 http://www.proactiveinvestors.com.au/companies/news/201096/hazer-group-shares-surge-following-significant-performance-improvements-for-its-unique-process-201096.html
<![CDATA[Media files - Hazer looking to scale proprietary process to create clean hydrogen and graphite ]]> http://www.proactiveinvestors.com.au/companies/stocktube/9895/hazer-looking-to-scale-proprietary-process-to-create-clean-hydrogen-and-graphite-9895.html Thu, 19 Jul 2018 12:07:00 +1000 http://www.proactiveinvestors.com.au/companies/stocktube/9895/hazer-looking-to-scale-proprietary-process-to-create-clean-hydrogen-and-graphite-9895.html <![CDATA[News - Hazer Group demonstrates proof of concept to produce graphite and hydrogen ]]> http://www.proactiveinvestors.com.au/companies/news/199623/hazer-group-demonstrates-proof-of-concept-to-produce-graphite-and-hydrogen-199623.html Hazer Group Ltd (ASX:HZR) has opened a potential pathway to commercialise its Hazer Process, following a proof of concept demonstration using an alternate reactor showed the flexibility of the company's technology.

The Hazer Process is a low-emission hydrogen and graphite production process, and enables the effective conversion of natural gas and similar feedstocks into hydrogen and high quality graphite, using iron ore as a process catalyst.

The company has now successfully produced graphite and hydrogen in a Rotary Tube Reactor (RTR).

The RTR reactor system is based on moving bed reactor technology, using a mechanical device for mixing.

The demonstration was undertaken at a U.S. based commercial scale equipment supplier on a toll basis, with the Hazer Process tested using an existing off-the-shelf reactor configuration that is in common use across various commercial scale industries.

Mark Edwards, acting chief executive officer, commented: "This proof of concept demonstration using an alternate reactor demonstrates the flexibility of our technology.

"The very positive outcomes enhance and diversify Hazer’s technology application portfolio and provide increased optionality to support development of different business case opportunities that target specific process integration scenarios."

Testing

Hazer said multiple trials over a week were performed at various reaction conditions, with no operational upsets.

Progressive improvements were made in production capacities, product yields and graphite quality throughout the planned test schedule.

The company added that based on this preliminary test work, system configuration and design improvement opportunities have already been identified.

Production rates

The graphite product harvested directly from the reactor, prior to purification, showed non-optimised purity levels of ca. 84%, based on Thermo-Gravimetric Analyses (TGA) of the product.

X-Ray Diffraction analyses of the graphite also confirmed the highly graphitic nature of the raw graphite material.

These initial purity levels are extremely encouraging, given that Hazer has previously demonstrated the production of both 99% and 99.95% purity graphite from raw 86% graphite.

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Wed, 27 Jun 2018 10:57:00 +1000 http://www.proactiveinvestors.com.au/companies/news/199623/hazer-group-demonstrates-proof-of-concept-to-produce-graphite-and-hydrogen-199623.html
<![CDATA[News - Hazer Group commences pilot plant development with Mineral Resources ]]> http://www.proactiveinvestors.com.au/companies/news/198403/hazer-group-commences-pilot-plant-development-with-mineral-resources-198403.html Hazer Group Ltd (ASX:HZR) has commenced the joint development of the Mineral Resources Ltd (ASX:MIN) pilot plant which is on track to be commissioned in the September quarter of 2018.

In December 2017, Hazer and Mineral Resources entered a binding cooperation agreement to work together for the purposes of developing and commercialising Hazer’s technology.

The three-stage development pathway proposes stage I being a pilot plant, stage II being a commercial scale plant and stage III being a large-scale commercial plant.

READ: Hazer Group appoints experienced Mineral Resources’ executive to its board

The Hazer Process enables the effective conversion of natural gas and similar feedstocks into hydrogen and high-quality graphite, using iron ore as a process catalyst.

Under the agreement, Mineral Resources is providing all capital required for a staged development project for graphite production.

Hazer has given Mineral Resources access to the existing Hazer intellectual property portfolio, as well as technical assistance and support.

Pilot plant concept design complete

The initial concept design of the reactor and drawings for the stage I pilot plant have been completed.

Planning and preparation has commenced at Mineral Resources’ Kwinana facilities in Western Australia in anticipation of construction of the pilot plant.

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Thu, 07 Jun 2018 09:25:00 +1000 http://www.proactiveinvestors.com.au/companies/news/198403/hazer-group-commences-pilot-plant-development-with-mineral-resources-198403.html
<![CDATA[News - Hazer Group test work supports use in lithium-ion batteries ]]> http://www.proactiveinvestors.com.au/companies/news/196689/hazer-group-test-work-supports-use-in-lithium-ion-batteries-196689.html Hazer Group (ASX:HZR) has received test work results related to the high-purity graphite produced using its proprietary Hazer Process.

The Hazer Process enables the effective conversion of natural gas and similar feedstocks into hydrogen and high-quality graphite, using iron ore as a process catalyst.

Test work shows the non-optimised high-purity graphite has exhibited strong performance against fully-optimised commercial graphite benchmarks in half-cell lithium-ion batteries.

Furthermore, test work has shown that modifying process conditions leads to graphite with increased performance.

READ: Hazer Group achieves fully continuous operation of the pre-pilot plant

Hazer’s acting CEO Mark Edwards said: “These results are very encouraging considering we haven't treated the Hazer graphite other than primary purification.

“We can maintain stability without having to apply coatings like some of the benchmark materials we tested.”

A low-cost alternative graphite product for lithium-ion batteries

This process versatility and continued optimisation of the Hazer graphite product, potentially offers a high-quality, low cost alternative to the rapidly growing lithium–ion battery market.

Graphite produced using the Hazer Process only required one processing stage to achieve performance qualities required for lithium-ion batteries.

This is a competitive edge over the current natural and synthetic graphite alternatives which can require 5-7 stages.

Development work to continue

Positive test work results provide a foundation for continued development of the optimum processing conditions needed to manufacture graphite for lithium-ion batteries.

The graphite also has the potential for application in other markets.

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Thu, 10 May 2018 10:11:00 +1000 http://www.proactiveinvestors.com.au/companies/news/196689/hazer-group-test-work-supports-use-in-lithium-ion-batteries-196689.html
<![CDATA[News - Hazer Group appoints experienced Mineral Resources’ executive to its board ]]> http://www.proactiveinvestors.com.au/companies/news/195420/hazer-group-appoints-experienced-mineral-resources-executive-to-its-board-195420.html Hazer Group Ltd (ASX:HZR) has appointed Mineral Resources Limited executive Simon Rushton as a non-executive director.

Mineral Resources has been a long-term shareholder and supporter of Hazer, having provided financial and technical assistance to the company.

This includes a cooperation agreement entered into late last year regarding synthetic graphite production.

READ: Hazer Group using science technology to create hydrogen and graphite

Rushton is general manager of commercial at Mineral Resources and has legal and commercial expertise across a range of industries, including logistics, mining and oil & gas.

During the past decade, he has been primarily responsible for managing the legal and commercial affairs of Mineral Resources.

This has included all front-end contract and corporate, including M&A, work as well as management of all major contracts.

He brings many strong mining industry relationships in Australia and overseas, as well as a network of State Government relationships relevant to the mining industry.

READ: Hazer Group achieves fully continuous operation of the pre-pilot plant

Rushton said: “Since entering the cooperation agreement, Mineral Resources’ approach to innovation has assisted Hazer to achieve its recent advancements in its technology and we will continue to do so into the future.

“As the joint Hazer-Mineral Resources project team heads towards its targeted date for commercialisation of the synthetic graphite process, I am pleased to accept this position.

“It further demonstrates Mineral Resources’ belief in and commitment to the Hazer company.

“I look forward to working with Tim Goldsmith and the rest of the Hazer board to create maximum value for shareholders.”

Commercialising Hazer Process

Hazer Group is undertaking commercialisation of the Hazer Process, a low-emission hydrogen and graphite production process.

The process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high-quality graphite, using iron ore as a process catalyst.

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Fri, 20 Apr 2018 11:12:00 +1000 http://www.proactiveinvestors.com.au/companies/news/195420/hazer-group-appoints-experienced-mineral-resources-executive-to-its-board-195420.html
<![CDATA[News - Hazer Group achieves fully continuous operation of the pre-pilot plant ]]> http://www.proactiveinvestors.com.au/companies/news/194993/hazer-group-achieves-fully-continuous-operation-of-the-pre-pilot-plant-194993.html Hazer Group Ltd (ASX:HZR) has reached another milestone by achieving fully continuous operation of its pre-pilot plant for the Hazer Process.

The Hazer Process enables the effective conversion of natural gas and similar feedstocks into hydrogen and high-quality graphite, using iron ore as a process catalyst.

The pre-pilot plant operation is part of the company’s plans to commercialise this process.

READ: Hazer Group using science technology to create hydrogen and graphite

Hazer’s acting CEO Mark Edwards said: “Over the course of scale-up development, the pre-pilot plant has generated incredibly valuable information on process operations necessary to de-risk the design and develop the commercial scale mass and energy balance.

“We have successfully overcome the design and operation issues encountered during the initial phase, many of which were directly related to the small-scale nature of the pre-pilot plant.”

An important step towards commercialisation

Significantly, the fully continuous operation successfully demonstrated the on-line injection of the iron ore catalyst and the sustained graphite movement out of the reactor.

This is important because it indicates that the process can work over extended periods of time while consistently producing both graphite and hydrogen under continuous steady-state operation.

Moving onto the next phase

The company has gathered sufficient data to move into the next stage of optimising the process with a larger reactor.

Hazer can now start demonstrating the commercial viability of synthetic graphite production in conjunction with Mineral Resources Ltd (ASX:MIN) under its binding cooperation agreement.

READ: Hazer Group teams with Mineral Resources to build synthetic graphite facilities

The pre-pilot plant’s second-generation reactor design has been finalised and construction is progressing on schedule with expected delivery in mid-2018.

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Mon, 16 Apr 2018 09:52:00 +1000 http://www.proactiveinvestors.com.au/companies/news/194993/hazer-group-achieves-fully-continuous-operation-of-the-pre-pilot-plant-194993.html
<![CDATA[News - Hazer Group’s managing director steps down, leaves company in a strong position ]]> http://www.proactiveinvestors.com.au/companies/news/194471/hazer-groups-managing-director-steps-down-leaves-company-in-a-strong-position-194471.html Hazer Group Ltd’s (ASX:HZR) managing director Geoff Pocock has resigned from the company due to personal reasons.

Chief operating officer Mark Edwards has stepped in as the interim chief executive officer while an appropriate long-term replacement managing director is found.

READ: Hazer Group using science technology to create hydrogen and graphite

Chairman Tim Goldsmith said: “The board would like to thank Geoff for his efforts in developing the company to its current level.

“Geoff was instrumental in identifying Hazer’s commercial potential while still a university research project, and successfully created and built the company to where it is today.

“Through his guidance and leadership, Hazer has established itself as a well-funded ASX-listed company.

“Positioned Hazer well for growth”

“Under Geoff’s leadership, the company also has strong agreements and relationships with a number of leading potential partners, which have positioned Hazer well for growth into the future.

“We wish him all the best in his future endeavours.”

Director also steps down

Non-executive director Terry Walsh has also stepped down from his role on the Hazer Group board due to other board commitments.

He remains at Hazer in a business development capacity on a part-time basis.

READ: Hazer Group technology could position it to enter global industrial hydrogen market

Hazer Group is a technology development company undertaking the commercialisation of the Hazer Process, a low-emission hydrogen and graphite production process.

This process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high-quality graphite, using iron ore as a process catalyst.

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Mon, 09 Apr 2018 11:51:00 +1000 http://www.proactiveinvestors.com.au/companies/news/194471/hazer-groups-managing-director-steps-down-leaves-company-in-a-strong-position-194471.html
<![CDATA[News - Hazer Group using science technology to create hydrogen and graphite ]]> http://www.proactiveinvestors.com.au/companies/news/193515/hazer-group-using-science-technology-to-create-hydrogen-and-graphite-193515.html Hazer Group Ltd (ASX:HZR) aims to commercialise its low cost, low emission process to produce hydrogen and graphite known as the Hazer Process.

The company listed on the ASX in December 2015 aiming to progress the technology initially developed at the University of Western Australia.

The Hazer Process enables the effective conversion of natural gas and similar feedstocks into hydrogen and high-quality graphite, using iron ore as a process catalyst.

Strong commercial progress since IPO

The company has made significant progress since IPO in its goal to take the Hazer Process from the laboratory through to a full commercial plant.

 

Hazer has been focused on the operation of a pre-pilot plant, recently upgrading and commissioning its 2nd generation pre-pilot plant, also known as the fluid bed reactor (FBR) pilot plant.

READ: Hazer Group share rise on pilot plant results

The pre-pilot plant continues to progress through key development milestones toward the scale-up of the Hazer Process towards commercialisation.

Agreement with Mineral Resources to build graphite plant

In December 2017, Hazer executed a binding agreement with Mineral Resources Ltd (ASX:MIN) for the design and construction of commercial-scale synthetic graphite facilities.

Mineral Resources will fund all commercial development, with Hazer providing intellectual property and technical assistance.

The initial focus of the collaboration will be on a pilot scale facility capable of producing one tonne per annum of high-quality graphite suitable for high-value applications including lithium-ion batteries.

The agreement is a significant commercial milestone for Hazer and is expected to accelerate the commercial deployment of the Hazer Process.

MoU to integrate Hazer Process in steel production

In October 2017 Hazer signed a memorandum of understanding (MoU) to investigate the commercial and technical viability of utilising the Hazer technology in the steel industry.

The non-binding agreement is with Primetals Technologies Austria GmbH, a joint venture between heavyweights, Mitsubishi Heavy Industries and Siemens.

Under the MoU, the parties will jointly develop a roadmap to investigate the viability for the Hazer Process to increase the energy efficiency and reduce the environmental impact of steel production.

The initial focus is on three core opportunities:

• Reduce CO2 emissions and convert CO2 to methanol (a valuable fuel);
• Using hydrogen as an alternative reductant in the steel-making process; and
• Using graphite as an alternative to coal in the steel-making process.

Opportunities in three major global markets

The company sees opportunities in three major global markets:

1) The industrial hydrogen market (US$100 billion);
2) The clean hydrogen and energy market (US$18 billion by 2023); and
3) The synthetic graphite market (US$15 billion).

Process modelling and commodity cost analysis of the Hazer Process indicates that it offers a potentially significant competitive advantage in the global industrial hydrogen market.

The problem with producing hydrogen

The majority of hydrogen is produced through fossil fuel reforming, such as steam methane reforming (SMR) which involves significant carbon dioxide emission.

The alternative process is electrolysis which is cleaner but energy inefficient and expensive.

With the Hazer process, instead of carbon dioxide, the carbon content of the natural gas is captured in the form of solid graphite making the process both cleaner and more cost-effective.

Competitive advantage in the hydrogen market

Process modelling indicates the Hazer Process could potentially deliver a 75% net commodity cost reduction compared to SMR.

Modelling also shows Hazer could provide around 70% reduction in carbon dioxide emissions relative to SMR.

This supports the principle that Hazer could have a significant competitive advantage in the global industrial hydrogen market.

Regarding electrolysis, modelling indicates Hazer could produce hydrogen with near-zero carbon dioxide emissions if using renewable energy to power the Hazer Process.

This scenario could generate around 6x more hydrogen compared to electrolysis based production using equivalent renewable energy source.

The costs of commodity inputs (per tonne of hydrogen) are also significantly lower than the equivalent costs associated with electrolysis-based hydrogen production.

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Wed, 21 Mar 2018 15:32:00 +1100 http://www.proactiveinvestors.com.au/companies/news/193515/hazer-group-using-science-technology-to-create-hydrogen-and-graphite-193515.html
<![CDATA[News - Hazer Group technology could position it to enter global industrial hydrogen market ]]> http://www.proactiveinvestors.com.au/companies/news/192304/hazer-group-technology-could-position-it-to-enter-global-industrial-hydrogen-market-192304.html Hazer Group Ltd (ASX:HZR) has completed preliminary process modelling and commodity cost analysis of its Hazer Process, a lower emission hydrogen graphite production process.

Modelling indicates that Hazer offers a potentially significant competitive advantage in the global industrial hydrogen market.

Other benefits of the technology include the provision of cost-effective solutions for clean energy applications.

Alternative to steam methane reforming

in modelling its technology, Hazer has compared it to hydrogen production by competing processes such as steam methane reforming (SMR) and electrolysis.

SMR is currently viewed as the most commonly used and cost-effective conventional hydrogen production process.

Electrolysis is an alternative hydrogen production process that can use renewable energy, producing hydrogen with near-zero carbon dioxide emissions.

Hazer enters 2018 in a strong financial position to develop its competing technology, having started the year with cash reserves of $8.3 million.

READ: Hazer Group enters 2018 cashed up, more inflows expected Potential benefits include 75% cost reduction

Modelling suggests that the costs of commodity inputs required for hydrogen production to be circa 75% lower than those incurred using the SMR technology.

This relates to equivalent costs associated with commodity inputs for hydrogen production using SMR taking into account revenue/credits from commodity output.

Analysis of the new technology also indicated a reduction of circa 70% in carbon dioxide emissions compared with the SMR process.

Management indicated that these results support the principle that Hazer could potentially have a competitive advantage in the global industrial hydrogen market.

Of further significance is the provision of cost-effective solutions for clean energy applications.

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Wed, 28 Feb 2018 09:36:00 +1100 http://www.proactiveinvestors.com.au/companies/news/192304/hazer-group-technology-could-position-it-to-enter-global-industrial-hydrogen-market-192304.html
<![CDATA[News - Hazer Group enters 2018 cashed up, more inflows expected ]]> http://www.proactiveinvestors.com.au/companies/news/190942/hazer-group-enters-2018-cashed-up-more-inflows-expected-190942.html Hazer Group Ltd (ASX:HZR) has entered the 2018 calendar year with cash reserves of $8.32 million, an increase of $1.6 million on the prior quarter.

Cash inflows during the December quarter totalled $2.89 million from the exercise of options thanks to continued strong share prices.

Shares in Hazer are currently trading at $0.50, more than double the December 2015 IPO listing price of $0.20.

Positively, further cash inflows are expected in the current March quarter due to tax rebates from FY17.

Cash continues to be invested in research and development

Importantly, while Hazer maintains a strong financial position, it is not from lack of investment into research and development.

During the December quarter, operating cash flows of $1.29 million were recorded as core research and development activities continued to commercialise the Hazer Process.

The Hazer Process is a low-emission hydrogen and graphite production process.

This process enables the effective conversion of natural gas and similar feedstocks into hydrogen and high quality graphite, using iron ore as a process catalyst.

READ: Hazer Group teams with Mineral Resources to build synthetic graphite facilities

Last quarter, Hazer executed a binding agreement with Mineral Resources Limited (ASX:MIN) to jointly develop a large-scale commercial synthetic graphite facility.

Initially, it will be targeted towards the production of at least 1,000 tonnes per annum (tpa) of ultra-high purity graphite and capable of modular expansion to a nominal 10,000tpa.

Technology being de-risked

Furthermore, last quarter, a key development milestone was achieved regarding the scale-up and commercialisation of the Hazer Process.

This occurred through the demonstration of on-line injection of iron ore catalyst in the pre-pilot plant.

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Thu, 01 Feb 2018 08:20:00 +1100 http://www.proactiveinvestors.com.au/companies/news/190942/hazer-group-enters-2018-cashed-up-more-inflows-expected-190942.html
<![CDATA[News - Hazer Group’s Geoff Pocock exercises in-the-money options ]]> http://www.proactiveinvestors.com.au/companies/news/189354/hazer-groups-geoff-pocock-exercises-in-the-money-options-189354.html Hazer Group Ltd (ASX:HZR) managing director Geoff Pocock has demonstrated his confidence in the company by increasing his stake with the exercise of 3 million options.

The options are valued at $0.25 each and the total consideration was $750,000.

Hazer shares were last trading at $0.53.

Pocock now holds an 8.17% indirect interest in the company, amounting to 7.2 million shares, up from 4.2 million.

The interest is held primarily through Ooffy Prosser Pty Ltd with 6.7 million shares while Pocock’s spouse Maria Pocock holds 500,000 shares.

Director Danielle Lee exercises options

Director Danielle Lee also exercised 150,000 options at $0.25 each for total consideration of $37,500.

The company has developed the Hazer Process, which enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high-quality graphite, using iron ore as a process catalyst.

READ: Hazer Group teams with Mineral Resources to build synthetic graphite facilities

Hazer Group recently executed a binding agreement with Mineral Resources Ltd (ASX:MIN) for the design and construction of commercial scale synthetic graphite facilities.

Mineral Resources will fund all commercial development, with Hazer providing intellectual property and technical assistance.

Initial focus on pilot scale facility

The initial focus of the collaboration will be on a pilot scale facility capable of producing one tonne per annum of high quality graphite suitable for high value applications including lithium ion batteries.

The agreement is a significant commercial milestone for Hazer and is expected to accelerate the commercial deployment of the Hazer Process.

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Tue, 02 Jan 2018 09:20:00 +1100 http://www.proactiveinvestors.com.au/companies/news/189354/hazer-groups-geoff-pocock-exercises-in-the-money-options-189354.html
<![CDATA[News - Hazer Group teams with Mineral Resources to build synthetic graphite facilities ]]> http://www.proactiveinvestors.com.au/companies/news/189057/hazer-group-teams-with-mineral-resources-to-build-synthetic-graphite-facilities-189057.html Hazer Group Ltd (ASX:HZR) and Mineral Resources Ltd (ASX:MIN) has executed a binding agreement for the design and construction of commercial scale synthetic graphite facilities.

Mineral Resources will fund all commercial development, with Hazer providing intellectual property and technical assistance.

The Hazer Process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high-quality graphite, using iron ore as a process catalyst.

The execution of the agreement is a significant commercial milestone for Hazer and is expected to accelerate the commercial deployment of the Hazer Process.

READ: Hazer Group takes another step to advance pre-pilot plant

Geoff Pocock, managing director, said: “Hazer is delighted to have cemented this long term relationship with Mineral Resources, who have been a major supporter of Hazer to date.

“This is an excellent opportunity for Hazer to partner with an organisation with the balance sheet and capital reserves necessary for a project of this magnitude, and the proven execution capability to accelerate the commercial deployment of our technology.”

Aiming to commission a pilot plant within 8 months

The initial focus of the collaboration will be on a pilot scale facility capable of producing one tonne per annum of high quality graphite suitable for high value applications including lithium ion batteries.

The pilot facility will include primary graphite production as well as integrated purification capacity to enable the production of ultra-high purity graphite.

Mineral Resources and Hazer are aiming to commission the pilot plant within 8 months.

READ: Hazer Group receives interest from steel industry for its technology

Upon establishing final design and performance parameters of the pilot plant, Mineral Resources will design and construct a 1,000 tonnes per annum commercial scale production facility.

On successful deployment of the commercial facilities, Hazer will receive royalties based on the revenue generated by the sale of high purity synthetic graphite.

Simultaneously pursuing graphite and hydrogen opportunities

The new agreement allows Hazer to continue pursuing global hydrogen production opportunities and grant licences to third parties to use the Hazer technology for producing hydrogen.

Under the terms of the agreement, any future hydrogen licence will grant Mineral Resources the primary opportunity to acquire any graphite co-produced by hydrogen partners.

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Wed, 20 Dec 2017 13:41:00 +1100 http://www.proactiveinvestors.com.au/companies/news/189057/hazer-group-teams-with-mineral-resources-to-build-synthetic-graphite-facilities-189057.html
<![CDATA[News - Hazer Group takes another step to advance pre-pilot plant ]]> http://www.proactiveinvestors.com.au/companies/news/187610/hazer-group-takes-another-step-to-advance-pre-pilot-plant-187610.html Hazer Group Ltd (ASX:HZR) has taken a significant step towards de-risking the scale-up of its Hazer Process technology.

The Hazer Process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high-quality graphite, using iron ore as a process catalyst.

The company has now successfully demonstrated on-line injection of iron ore catalyst into the pre-pilot plant.

Geoff Pocock, managing director, commented: “This is a key achievement for the company, and we are extremely excited by this demonstration of catalyst addition while maintaining underlying reaction conditions.

“This milestone positions us for implementing further improvements in our next generation reactor design, and significantly de-risks the commercial implementation of the Hazer Process. “

Pre-pilot plant commissioned in July 2017

Hazer commissioned its pre-pilot plant located in St Marys in Western Sydney during July 2017.

READ: Hazer Group Ltd advancing hydrogen, graphite production process

Hazer’s operations since commissioning the pre-pilot plant have also demonstrated preliminary success in ejection of graphite from the reactor, thus partially demonstrating initial fully continuous operation.

The pre-pilot plant has also generated valuable information on process operations and has shown significant improvements across a range of parameters including runtime, conversion rates, reaction selectivity and fluidisation behaviour.

What the results mean

This represents the first time that fresh catalyst has been introduced to the reactor while maintaining temperature and pressure conditions for production of hydrogen and graphite.

Significantly, it is a key process condition necessary for continuous operation of the Hazer process.

These positive results enable Hazer to implement significant design improvements in the development of a next-generation reactor system.

Increasing production and purity

Hazer is now undertaking the design and implementation of a second-generation reactor system.

This second-generation Pre-Pilot Plant is anticipated to enable superior performance including increased graphite and hydrogen production increased raw graphite purity.

These improvements and the commissioning of the second-generation reactor are expected to be completed in the middle of 2018.

READ: Hazer Group receives interest from steel industry for its technology ]]>
Wed, 22 Nov 2017 10:13:00 +1100 http://www.proactiveinvestors.com.au/companies/news/187610/hazer-group-takes-another-step-to-advance-pre-pilot-plant-187610.html
<![CDATA[News - Hazer Group receives interest from steel industry for its technology ]]> http://www.proactiveinvestors.com.au/companies/news/185611/hazer-group-receives-interest-from-steel-industry-for-its-technology-185611.html Hazer Group (ASX:HZR) has signed a memorandum of understanding (MoU) to investigate the commercial and technical viability of utilising the Hazer technology in the steel industry.

The non-binding agreement is with Primetals Technologies Austria GmbH, a joint venture between heavyweights, Mitsubishi Heavy Industries and Siemens.

Under the MoU, the parties will jointly develop a roadmap to investigate the viability for the Hazer Process to increase the energy efficiency and reduce the environmental impact of steel production.

The Hazer Process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high-quality graphite, using iron ore as a process catalyst.

Geoff Pocock, managing director, commented

“Hazer is excited by the opportunity to integrate into the steel industry, reducing both costs and greenhouse gas emissions associated with this massive market.

“Primetals Technologies is the ideal partner for us to explore these options, as they have decades of experience in these markets, as well as significant engineering expertise in scale-up of production systems and commercially deploying them in this market.

“This background makes the group an ideal co-partner for Hazer, and we are looking forward to working in partnership with both Primetals Technologies and Mineral Resources Ltd on the ongoing commercialisation of the Hazer technology.”

HSCCM Project

The terms of the MoU outline a project called ‘Hazer, Steel, Carbon Capture and Methanol Project’ or the HSCCM Project.

Both parties will work towards engineering a technology package, whereby hydrogen produced by the Hazer Process could be used for steel production with minimum carbon footprint.

Hazer and Primetals Technologies have identified a number of potential applications for the Hazer technology to be commercialised within the steel industry.

The initial focus is on three core opportunities:

- Reduce CO2 emissions and convert CO2 to methanol (a valuable fuel);
- Using hydrogen as an alternative reductant in the steel-making process; and
- Using graphite as an alternative to coal in the steel-making process.

Next steps

Initially, the focus of this collaboration will be the exchange of technical information and the joint development of the necessary technology roadmap.

This will then be formulated through a binding joint development agreement in early 2018.

READ: Hazer Group shares soar on potential commercial facility ]]>
Mon, 16 Oct 2017 14:49:00 +1100 http://www.proactiveinvestors.com.au/companies/news/185611/hazer-group-receives-interest-from-steel-industry-for-its-technology-185611.html
<![CDATA[News - Hazer Group shares soar on potential commercial facility ]]> http://www.proactiveinvestors.com.au/companies/news/184947/hazer-group-shares-soar-on-potential-commercial-facility-184947.html Hazer Group (ASX:HZR) has signed a non-binding heads of agreement with Mineral Resources Limited (ASX:MIN) to jointly develop a large-scale commercial synthetic graphite facility.

Mineral Resources is a leading and highly innovative full-service provider of mining infrastructure services in Australia.

The facility will initially target the production of at least 1,000 tonnes per annum of ultra-high purity graphite and be capable of modular expansion to a nominal 10,000 tonnes per annum.

Mineral Resources will fund the entire project across all required stages of scale-up and development, with Hazer providing technical assistance.

Hazer will obtain royalties from revenue generated by the sale of graphite produced.

Geoff Pocock, managing director, commented

“We are delighted to have furthered the relationship with Mineral Resources through this agreement.

“Mineral Resources has been a significant shareholder and supporter of Hazer since our IPO, and are the ideal partner for this next stage of commercialisation towards high value synthetic graphite products.

“Mineral Resources has an excellent track record in innovation and in delivering projects in accelerated timeframes. The company has substantial existing exposure to the battery industry to enable rapid market penetration.”

READ: What is the Hazer Process?

Further details

The focus of the collaboration initially will be on a pilot scale facility and the initial commissioning of the pilot plant is estimated to occur in the middle of 2018.

Once satisfied with the design and performance of the pilot plant, Mineral Resources then proposes to design and construct a commercial scale production facility capable of modular expansion.

This arrangement is expected to substantially accelerate the commercial deployment of the Hazer technology for both graphite and hydrogen production globally.

The ultra-high purity graphite to be produced will be suitable for high-end applications including batteries and electrodes.

How Hazer will generate revenue

Mineral Resources will pay Hazer a royalty based on net profit share per tonne of graphite produced, including any product produced by a party to whom Mineral Resources grants a sub-licence to use the Hazer technology.

The specific royalty rate is stepped, with lower royalties payable at lower graphite prices, and increasing as graphite prices increase.

This enables Hazer to benefit through additional exposure to increasing graphite prices.

Non-restrictive terms

The terms of the agreement also allow Hazer to continue pursuing current global hydrogen production opportunities, with Mineral Resources being granted primary off-take partner for any graphite that is produced as a by-product of the additional hydrogen production projects.

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Tue, 03 Oct 2017 11:37:00 +1100 http://www.proactiveinvestors.com.au/companies/news/184947/hazer-group-shares-soar-on-potential-commercial-facility-184947.html
<![CDATA[News - Hazer Group on path to commercialisation ]]> http://www.proactiveinvestors.com.au/companies/news/184798/hazer-group-on-path-to-commercialisation-184798.html Hazer Group Ltd (ASX:HZR) is preparing to outline details regarding a Memorandum of Understanding in relation to the commercialisation of the Hazer technology.

The ASX has granted the company a trading halt, which will remain in place until the opening of trade on Tuesday 3rd October 2017, or earlier if an announcement is made to the market.

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Fri, 29 Sep 2017 13:28:00 +1000 http://www.proactiveinvestors.com.au/companies/news/184798/hazer-group-on-path-to-commercialisation-184798.html
<![CDATA[News - Hazer Group Ltd advancing hydrogen, graphite production process ]]> http://www.proactiveinvestors.com.au/companies/news/180416/hazer-group-ltd-advancing-hydrogen-graphite-production-process-180416.html Hazer Group Ltd (ASX:HZR) has crossed a major milestone by commissioning its pre-pilot plant located in St Marys in Western Sydney.

This brings Hazer closer to its goal of supplying global markets with economically competitive, clean hydrogen and synthetic graphite.

Hazer is undertaking the commercialisation of the Hazer Process, a low-emission hydrogen and graphite production process.

The Hazer Process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst.

Hazer’s pre-pilot plant will now be used to illustrate the impact of scale-up on process performance and graphite product quality.

Furthermore, various process design and operational optimisation opportunities have already been identified during the commissioning phase, and will be progressed as part of the pre-pilot operations.

This initial phase allows the Hazer Process to be incrementally tested and validated in sequential fashion, with an initial focus on operational optimisation, fluidisation and graphite recovery.

Following the semi-continuous stage, Hazer will upgrade the pre-pilot plant to incorporate on-line catalyst injection to facilitate fully continuous operation of the system.

Hazer anticipates full system operability including catalyst injection by the end of 2017.

With hydrogen tipped to become an important clean energy fuel, Hazer remains focused on advancing the scale of the Hazer Process to suit this market.

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Thu, 06 Jul 2017 11:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/180416/hazer-group-ltd-advancing-hydrogen-graphite-production-process-180416.html
<![CDATA[News - Hazer Group appoints new manager for upcoming lab work ]]> http://www.proactiveinvestors.com.au/companies/news/176119/hazer-group-appoints-new-manager-for-upcoming-lab-work-176119.html Hazer Group (ASX:HZR) has secured the services and expertise of Cobus Malherbe, a senior Australian engineering, operations and process development professional.

Malherbe will join in the newly created role of general manager for process development.

Most recently, Malherbe provided professional services to Santos (ASX:STO) as engineering superintendent.

He was tasked with management of front-line technical, engineering and reliability services to the Moomba Gas Plant in South Australia, being one of Australia’s largest natural gas and oil processing facilities.

Geoff Pocock, managing director, commented: “Hazer is extremely pleased to welcome Cobus to the Hazer senior management team, and see this appointment as a key part of our transition from laboratory based technical work to more substantial non-laboratory operations.

“We are delighted to have secured someone with Cobus’ experience and expertise, and we look forward to him bringing his significant commercial development expertise to bear on Hazer’s ongoing process development.”


Background

Hazer Group is a technology development company undertaking the commercialisation of the Hazer process, a low-emission hydrogen and graphite production process.

The Hazer process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst.


Pre-pilot plant (PPP)

Hazer most recently completed the hot commissioning phase at its pre-pilot facility, which has seen successful production of hydrogen and graphite from natural gas feedstock.

Final commissioning of the PPP is ongoing, and the company anticipates it to be fully commissioned and operational by the end of April.

Once fully operational, the PPP will be used to generate validation and optimisation data that will be necessary for the design and construction of larger plants.

This milestone also confirms Hazer’s successful transition from laboratory-based standard equipment to a custom designed and constructed plant, and moves the company closer towards commercialisation of the Hazer Process.

On completion of final commissioning, Hazer intends to initially operate the system in semi-continuous mode; whereby graphite is ejected from the system during operation but the catalyst is inserted prior to operation.

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Fri, 07 Apr 2017 11:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/176119/hazer-group-appoints-new-manager-for-upcoming-lab-work-176119.html
<![CDATA[News - Hazer Group produces first hydrogen and graphite at pre-pilot plant ]]> http://www.proactiveinvestors.com.au/companies/news/175961/hazer-group-produces-first-hydrogen-and-graphite-at-pre-pilot-plant-175961.html Hazer Group (ASX:HZR) has completed the hot commissioning phase at its pre-pilot facility, which has seen successful production of hydrogen and graphite from natural gas feedstock.

This is a significant milestone in the commercialisation of the Hazer Process, a low-emission hydrogen and graphite production process.

The Hazer Process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst.

This marks the first time the Hazer Process has produced graphite in a pressurised, scalable fluidised bed reactor system.

Further commissioning is ongoing and Hazer expects to be operational and experimentation-ready by the end of April.


Pre-pilot plant (PPP)

Final commissioning of the PPP is ongoing, and the company anticipates it to be fully commissioned and operational by the end of April.

Once fully operational, the PPP will be used to generate validation and optimisation data that will be necessary for the design and construction of larger plants.

This milestone also confirms Hazer’s successful transition from laboratory-based standard equipment to a custom designed and constructed plant, and moves the company closer towards commercialisation of the Hazer Process.

On completion of final commissioning, Hazer intends to initially operate the system in semi-continuous mode; whereby graphite is ejected from the system during operation but the catalyst is inserted prior to operation.


Showcasing the Hazer Process

In conjunction with the on-going work related to the progressive stages of operation, Hazer will use the PPP as a demonstration facility to showcase the Hazer Process to potential commercial and strategic partners in the hydrogen and graphite sectors.

The graphite produced at the PPP will be characterised and used to further complement the ongoing graphite test work currently advancing at Hazer’s facilities at the University of Sydney, as well as being potentially used for supply to third parties for commercial assessment across a range of graphite applications.

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Wed, 05 Apr 2017 09:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/175961/hazer-group-produces-first-hydrogen-and-graphite-at-pre-pilot-plant-175961.html
<![CDATA[News - Hazer Group's share purchase plan is in-the-money ]]> http://www.proactiveinvestors.com.au/companies/news/175575/hazer-group-s-share-purchase-plan-is-in-the-money-175575.html Hazer Group (ASX:HZR) will offer a share purchase plan with a record date of 17th March 2017.

The plan allows for an investment minimum of $500 and a maximum of $15,000, priced at $0.60 per share, which is more than a 10% discount on the last traded price of $0.67 per share.

Hazer is a technology development company undertaking the commercialisation of the Hazer process, a low-emission hydrogen and graphite production process.

This enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst.

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Wed, 29 Mar 2017 12:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/175575/hazer-group-s-share-purchase-plan-is-in-the-money-175575.html
<![CDATA[News - Hazer Group has a new substantial holder in Minerals Resources ]]> http://www.proactiveinvestors.com.au/companies/news/175175/hazer-group-has-a-new-substantial-holder-in-minerals-resources-175175.html Hazer Group (ASX:HZR) has received a notice of initial substantial holder from Minerals Resources (ASX:MIN), who now holds circa 10.3 million shares, or a 14.167% stake in the company.

Hazer recently issued 8.33 million shares priced at $0.60 raising $5 million to Minerals Resources.

The shares also came with a 1:2 unlisted option exercisable at $0.70 expiring 31 December, 2019.

Mineral Resources is a leading and innovative full-service provider of mining infrastructure services in Australia.

Hazer is a technology development company undertaking the commercialisation of the Hazer process, a low-emission hydrogen and graphite production process.

This enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst.

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Wed, 22 Mar 2017 10:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/175175/hazer-group-has-a-new-substantial-holder-in-minerals-resources-175175.html
<![CDATA[News - Hazer Group finishes building pre-pilot facility ]]> http://www.proactiveinvestors.com.au/companies/news/175095/hazer-group-finishes-building-pre-pilot-facility-175095.html Hazer Group (ASX:HZR) has completed construction of its pre-pilot plant facility located in Sydney as part of its plan to commercialise its Hazer process.

Commissioning work is currently underway to achieve initial, hydrogen and graphite production at the newly built facility.

This marks an important milestone in the development of Hazer’s low cost, low emission hydrogen and graphite production process, known as the Hazer process.

This is the first step in the company’s transition from laboratory-based operations to a custom-designed and constructed plant.

Hazer expects to complete commissioning around the end of March 2017.


Background

Hazer Group is a technology development company undertaking the commercialisation of the Hazer process, a low-emission hydrogen and graphite production process.

The Hazer process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst.


Pre-pilot plant facility

This pre-pilot plant is significantly more advanced than current laboratory based equipment.

The progressive operation of this system will also provide key information required to verify the final design for the next stage of scale up, expected to be a commercial scale prototype plant, with an equivalent scale as required for vehicle refueling solutions.

The key improvements of the current facility compared to the previous laboratory based equipment are:

- Multiple processing methods of operation and operational flexibility;
- High pressure, temperature and gas flow capability to allow for full system optimisation;
- Upgraded graphite filter capture system to allow for greater extraction efficiency;
- Capability to eject and capture graphite during operation; and
- Capability to inject catalyst into the system during operation (2nd phase of operation).


Recent strategic placement

Hazer recently issued 8.33 million shares priced at $0.60 raising $5.0 million to major shareholder and ASX-listed Minerals Resources (ASX:MIN).

Shares also come with a 1:2 unlisted option exercisable at $0.70 expiring 31 December, 2019.

In addition to the placement, Mineral Resources and Hazer have agreed to enter into formal discussions towards the establishment of a joint venture to develop a commercial scale synthetic graphite plant, to supplement Mineral Resources’ significant existing battery materials business.

Mineral Resources is a leading and innovative full-service provider of mining infrastructure services in Australia.

This placement not only provides Hazer with access to valuable short term funding but provides a strategic platform for growth with Mineral Resources, a company with a $2+ billion market cap.

News flow related to the formalisation of the joint venture will be highly anticipated.

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Tue, 21 Mar 2017 09:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/175095/hazer-group-finishes-building-pre-pilot-facility-175095.html
<![CDATA[News - Hazer Group completes strategic placement to major shareholder ]]> http://www.proactiveinvestors.com.au/companies/news/175023/hazer-group-completes-strategic-placement-to-major-shareholder-175023.html Hazer Group (ASX:HZR) has issued 8.33 million shares priced at $0.60 raising $5.0 million to major shareholder and ASX-listed Minerals Resources (ASX:MIN).

Shares also come with a 1:2 unlisted option exercisable at $0.70 expiring 31 December, 2019.

In addition to the placement, Mineral Resources and Hazer have agreed to enter into formal discussions towards the establishment of a joint venture to develop a commercial scale synthetic graphite plant, to supplement Mineral Resources’ significant existing battery materials business.

Mineral Resources is a leading and innovative full-service provider of mining infrastructure services in Australia.

Geoff Pocock, managing director, commented: “We are delighted to have secured the support of Mineral Resources, and are looking forward to working with them to bring our first commercial scale plant to fruition.”


Background

Hazer Group is a technology development company undertaking the commercialisation of the Hazer process, a low-emission hydrogen and graphite production process.

The Hazer process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst.


Use of funds

The proceeds of the placement will be used to continue Hazer’s ongoing commercialisation and development of the Hazer process.

The new capital will also enable Hazer to expand the capability of the pre pilot plant and commence planning for further scale up of the Hazer process.


Upcoming share purchase plan

In conjunction with the placement, Hazer will undertake a share purchase plan (SPP) raising up to $3 million.

The SPP will be conducted at $0.60 per share being the same price as the placement.

Participation in the SPP will be voluntary and available to shareholders registered on the record date of 17th March 2017 and whose registered address is in Australia or New Zealand.


Analysis

This placement not only provides Hazer with access to valuable short term funding but provides a strategic platform for growth with Mineral Resources, a company with a $2+ billion market cap.

Mineral Resources has been a significant supporter of Hazer since its ASX listing and this placement further aligns the two company’s interests.

The deal is evidence that Mineral Resources see Hazer as a key part of its ongoing energy storage materials business, which in turn makes them a valuable partner for the development and commercialisation of the Hazer technology.

Hazer shares have more than tripled since their December 2015 initial public offering, currently trading at $0.655.

News flow related to the formalisation of the joint venture will be highly anticipated.

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Mon, 20 Mar 2017 10:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/175023/hazer-group-completes-strategic-placement-to-major-shareholder-175023.html
<![CDATA[News - Hazer Group to showcase clean technology in Monaco exclusive ]]> http://www.proactiveinvestors.com.au/companies/news/174084/hazer-group-to-showcase-clean-technology-in-monaco-exclusive-174084.html Hazer Group (ASX:HZR) has been selected as one of 30 companies globally to present at the 2017 CleanEquity® Monaco conference held in Monaco on Thursday 9th and Friday 10th of March 2017.

The invitation-only event will give Hazer the opportunity to present its clean hydrogen and graphite production technology to high profile investors and potential corporate partners in clean energy, hydrogen fuel cells (including fuel cell vehicles) and energy storage markets.


Hazer Process

The company is undertaking the commercialisation of the Hazer Process, a low-emission hydrogen and graphite production process.

Graphite is a key raw material in lithium-ion batteries as the anode is primarily graphite.

The process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst.

Recently Hazer delivered positive results from ongoing laboratory test work from the synthetic graphite it can produce, which continues to deliver high performance in half-cell lithium-ion batteries.

Hazer has commenced the construction of its pre-pilot plant, which will enable the final verification of the design for the larger commercial scale pilot plant.

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Thu, 02 Mar 2017 13:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/174084/hazer-group-to-showcase-clean-technology-in-monaco-exclusive-174084.html
<![CDATA[News - Hazer Group shows its graphite performs in lithium-ion batteries ]]> http://www.proactiveinvestors.com.au/companies/news/173961/hazer-group-shows-its-graphite-performs-in-lithium-ion-batteries-173961.html Hazer Group (ASX:HZR) has delivered positive results from ongoing laboratory test work from the synthetic graphite it can produce, which continues to deliver high performance in half-cell lithium-ion batteries.

Hazer’s non-optimised graphite exhibited the performance over 50 to 100 cycles and across the different charge and discharge rates, with virtually no loss in capacity.

The results provide key battery performance indicators and characteristics critical to advancing the ongoing test work underway in collaboration with the University of Sydney.

The company’s Hazer Process Hazer takes two readily available feedstocks in natural gas and iron ore and converts them into two high demand products in hydrogen and synthetic graphite.

During the process, the carbon content of the natural gas feedstock is captured and converted into graphite, rather than being converted to carbon dioxide as in other processes.


Test work details

Initial battery testing in December 2016 looked at a first discharge and 10 cycle performance of Hazer’s non-optimised (purified to 99%) synthetic graphite.

The company has now undertaken additional longer term testing at different charge and discharge rates.

Hazer’s non-optimised graphite exhibited excellent performance including:

- 50 cycles with reversible capacity of about 280 mAh/g and 96% capacity retention at the rate of
0.2 C (5 hours charge, 5 hours discharge); and
- 100 cycles with reversible capacity of about 200 mAh/g and 98% capacity retention at the rate of 0.8 C (75 minute charge, 75 minute discharge rate).

The longer-term cycle data also illustrates that batteries using Hazer’s graphite continue to show equivalent performance to benchmark commercial synthetic graphite, which is used in lithium-ion battery applications.


Construction of pre-pilot plant

Hazer recently commenced the construction of its pre-pilot plant, which will enable the final verification of the design for the larger commercial scale pilot plant.

This plant is a key stage in the development of the Hazer Process, and is the first stage in Hazer’s transition from laboratory-based standard equipment to a custom-designed and constructed plant.

Following commissioning and operation of the pre-pilot plant, Hazer intends to construct a prototype small scale commercial hydrogen and graphite plant.


Analysis

These results demonstrate the performance characteristics of Hazer’s graphite and indicate its potential to become a suitable alternative to traditional mined or synthetic graphite in lithium-ion batteries.

These results highlight the potential for Hazer’s graphite to be used in the growing lithium-ion battery market.

Graphite is a key raw material in lithium-ion batteries as the anode is primarily graphite.

Results from initial battery testing put Hazer a step closer to offering battery manufacturers with a cleaner, low cost, high quality alternative to traditional mined or synthetic graphite for use in lithium-ion batteries.

The company is also reviewing other markets where demand for graphite currently exists.

Hazer is currently evaluating options to assist it to validate the commercial viability for its graphite in multiple markets including the steel industry, lubricants and automotive applications.

Shares in Hazer are up 120% over the past 12 months, currently priced at $0.62.

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Wed, 01 Mar 2017 11:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/173961/hazer-group-shows-its-graphite-performs-in-lithium-ion-batteries-173961.html
<![CDATA[News - Hazer Group appoints Terry Walsh to the board ]]> http://www.proactiveinvestors.com.au/companies/news/172734/hazer-group-appoints-terry-walsh-to-the-board-172734.html Hazer Group (AS:HZR) has appointed Terry Walsh, the company's chief development officer, as a non-executive director following the resignation of Bryant McLarty.

Walsh is a senior commercial lawyer and manager with more than 20 years’ experience in project development and general commercial law, including roles as a corporate counsel with Rio Tinto (ASX:RIO) and as general counsel of Hancock Prospecting Pty Ltd.

Geoff Pocock, managing director, commented:

"I wish to thank Bryant for his efforts and leadership in establishing Hazer as an ASX listed company.

"Bryant is a strong supporter of Hazer and has continued to be an on market purchaser of shares since Hazer listed on the ASX.

"As the scale-up of the Hazer Process continues I look forward to drawing on Terry’s extensive commercial experience."

Hazer is now evolving towards commercialisation with the construction and commissioning of the Company's pre-pilot plant facility.

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Tue, 07 Feb 2017 10:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/172734/hazer-group-appoints-terry-walsh-to-the-board-172734.html
<![CDATA[News - Hazer Group commences construction of pre-pilot plant facility ]]> http://www.proactiveinvestors.com.au/companies/news/172135/hazer-group-commences-construction-of-pre-pilot-plant-facility-172135.html Hazer Group (ASX:HZR) has commenced construction of its pre-pilot plant, which will enable the final verification of the design for the larger commercial scale pilot plant. 

This plant is a key stage in the development of the Hazer Process, and is the first stage in Hazer’s transition from laboratory-based standard equipment to a custom-designed and constructed plant.

The Hazer Process is a low-emission hydrogen and high quality graphite production process using iron ore as a process catalyst.

Following commissioning and operation of the pre-pilot plant, Hazer intends to construct a prototype small scale commercial hydrogen and graphite plant.

Geoff Pocock, managing director, commented: “We are delighted by the rapid progress that Hazer has made over the past 12 months, and to be building our first non-laboratory production plant so rapidly after IPO is a sign of the simplicity and robustness of the underling Hazer technology.

“This plant will enable Hazer to more effectively engage with commercial partners and demonstrate the core Hazer value proposition.”


Progressing towards commercialisation

Prior to Hazer’s initial public offering (IPO), four key development stages were identified necessary to develop the Hazer technology into full-scale commercial plants.

Two of the four stages have now been completed; with the third stage (pre-pilot plant) currently under construction.

This pre-pilot plant is significantly more advanced than the laboratory based equipment, and the progressive operation of this system will provide key information required to verify the final design of the small commercial pilot plant.


Analysis

The design and construction of the pre-pilot plant represents a major milestone for Hazer.

It will show the scalability and versatility of the Hazer Process and its ability to deliver valuable products to both the global graphite and hydrogen markets.

Shares in Hazer have started 2017 strongly, trading up 19% year to date, currently priced at $0.645.

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Wed, 25 Jan 2017 08:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/172135/hazer-group-commences-construction-of-pre-pilot-plant-facility-172135.html
<![CDATA[News - Hazer Group’s synthetic graphite tests well in lithium-ion batteries ]]> http://www.proactiveinvestors.com.au/companies/news/170373/hazer-groups-synthetic-graphite-tests-well-in-lithium-ion-batteries-170373.html Hazer Group (ASX:HZR) has received preliminary results from testing its synthetic graphite in lithium-ion batteries.

Initial results performed within the School of Chemical and Biomolecular Engineering at Sydney University showed the company’s graphite product significantly outperformed the benchmark material.

The results also significantly exceed the performance of natural graphite anodes.

The company owns the Hazer Process, a low-emission hydrogen and high quality graphite production process using iron ore as a process catalyst.

Professor Andrew Minett, science advisory committee, commented:

“These preliminary half-cell battery results for Hazer graphite are extremely encouraging, performing on-par with a standard commercial spherical graphite and showing very good rate capability.”


Testing details

Initial results show an initial discharge specific capacity of 445 mAh/g (milliampere hour per gram) compared to 331 mAh/g capacity performance from a synthetic commercial graphite.

These results significantly exceed the performance of natural graphite anodes, which typically show first discharge capacity in the range of 360-370 mAh/g.

Results highlight that Hazer’s graphite, even as a non-optimised product outperforms both synthetic and natural graphite products on first discharge capacity.

Furthermore, the Hazer graphite used was subject only to simple chemical purification and further optimisation has the potential to further improve the performance of Hazer graphite in battery trials.


Analysis

Results from preliminary testing highlight that Hazer’s synthetic graphite has performance advantages compared to commercial alternatives.

These results highlight the potential for Hazer’s graphite to be used in the growing lithium-ion battery market.

The company is currently undertaking longer term stability testing and scaling up into a full cell testing.

Hazer has also identified further optimisation opportunities that are expected to improve the efficacy of Hazer graphite in battery applications.

It is expected that positive follow-up results will translate across to full-cell platform testing over the coming months.

Shares in Hazer have more than doubled year to date, currently priced at $0.56.

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Tue, 13 Dec 2016 14:10:00 +1100 http://www.proactiveinvestors.com.au/companies/news/170373/hazer-groups-synthetic-graphite-tests-well-in-lithium-ion-batteries-170373.html
<![CDATA[News - Hazer Group Ltd signs MOU to commercialise hydrogen creation technology ]]> http://www.proactiveinvestors.com.au/companies/news/168903/hazer-group-ltd-signs-mou-to-commercialise-hydrogen-creation-technology-168903.html Hazer Group Ltd (ASX:HZR) has signed a non-binding memorandum of understand (MoU) with Pan American Hydrogen Inc to jointly develop and commercially deploy the Hazer Process.

The Hazer Process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst.

Pan American is a Texas-based global supplier of modular hydrogen generation plants.

The focus of the collaboration initially will be on small, pilot plant scale, projects capable of producing ~100 kilograms of hydrogen per day, with the scope for further development of larger scale opportunities.

The anticipated arrangement would accelerate the commercial development of the Hazer technology substantially.


MoU details

Under the terms of the MoU, Pan American and Hazer will jointly develop a technical roadmap for integration of the Hazer technology into standard hydrogen generation units as designed by Pan American.

A commercial roadmap for how the combined technology would then be commercially deployed will also be developed.

The completion of these discussions will then see the two companies enter into a binding Framework Agreement that will form the basis of the partnership moving forward.


Analysis

It is a great validation for the Hazer technology to have signed this agreement with a significant international hydrogen production partner.

Pan American has impressive capabilities and experience in the hydrogen production industry, providing significant potential to accelerate the commercial development of the Hazer process.

Shares are up 15% intra-day and up 115% year to date, currently priced at $0.585.

Pan American has provided commercial plant designs based on using natural gas, LPG, methanol and naphtha feedstocks.

It has specific expertise in downstream hydrogen processing and purification based on pressure swing adsorption (PSA) technology, which is an ideal fit for the Hazer Process.

Furthermore, these expertise make Pan American an ideal co-partner for Hazer along with Kemplant, Hazer’s strategic chemical engineering partner.

The global hydrogen market is worth over US$100 billion.

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Mon, 14 Nov 2016 14:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/168903/hazer-group-ltd-signs-mou-to-commercialise-hydrogen-creation-technology-168903.html
<![CDATA[News - Hazer Group Ltd makes key appointments ]]> http://www.proactiveinvestors.com.au/companies/news/168783/hazer-group-ltd-makes-key-appointments-168783.html The additional appointments increase Hazer’s commercial and technical capability and boost the company’s engineering, chemical and project management capabilities.

Chaired by Dr Andrew Minett from the University of Sydney, the SAC was set up in June 2016 to provide the board and technical team with advice on the scientific and commercial strategy for the commercialisation of the Hazer Process.

The Hazer Process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst.


New members:

Mark Edwards has decades of experience across a variety of engineering roles including project management, engineering management, mechanical lead, technical consultancy, and construction and commissioning roles for numerous brown and green field engineering projects.

Kevin Peakman is responsible for developing BOC's LNG technology for LNG plants, LNG distribution and supply chain equipment and LNG Fuel Dispensing Systems.

David De Haas is an engineering professional with 25 years of mining and industrial experience, currently employed as the technical director for Mineral Resources Ltd (ASX:MIN).

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Thu, 10 Nov 2016 12:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/168783/hazer-group-ltd-makes-key-appointments-168783.html
<![CDATA[News - Hazer Group Ltd's director buys on-market ]]> http://www.proactiveinvestors.com.au/companies/news/168440/hazer-group-ltd-s-director-buys-on-market-168440.html Hazer Group Ltd's (ASX:HZR) director, Bryant McLarty, has increased his stake in the company through an on-market purchase.

McLarty's indirect interest through a family trust spent over $60,000 to acquire circa 120,000 shares, lifting the stake to 2.4 million, along with several lines of options.

Last month the company outlined its progress in the ongoing scale up and development work at its laboratory based at the University of Sydney.

The Hazer Process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst.

Hazer has successfully increased the operating scale of the Hazer Process, and has successfully produced over 1 kilogram of synthetic graphite in a single batch.

This demonstrates the scalability of the process, having successfully increased in capacity by 3,400x in 8 months.


Commercial analysis

Hazer has completed modelling of the performance and cost of the process in a commercial plant operating context.

Preliminary results were high encouraging and suggest Hazer has the potential to offer very low cost hydrogen and graphite products under a range of feedstock costs and secondary product revenues.

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Thu, 03 Nov 2016 10:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/168440/hazer-group-ltd-s-director-buys-on-market-168440.html
<![CDATA[News - Hazer Group Ltd produces over 1 kilogram of synthetic graphite ]]> http://www.proactiveinvestors.com.au/companies/news/167967/hazer-group-ltd-produces-over-1-kilogram-of-synthetic-graphite-167967.html Hazer Group Ltd (ASX:HZR) is making progress in the ongoing scale up and development work at its laboratory based at the University of Sydney.

The Hazer Process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst.

Hazer has successfully increased the operating scale of the Hazer Process, and has successfully produced over 1 kilogram of synthetic graphite in a single batch.

This demonstrates the scalability of the process, having successfully increased in capacity by 3,400x in 8 months.

Geoff Pocock, managing director, commented: “We are delighted to have made significant progress in scaling and optimising the Hazer Process and generating high purity graphite concentrates as direct reaction products.

“These results show the clear and compelling benefits that are available to both graphite and hydrogen users through the Hazer process over other production processes.”


Commercial analysis

Hazer has completed modelling of the performance and cost of the process in a commercial plant operating context.

Preliminary results were high encouraging and suggest Hazer has the potential to offer very low cost hydrogen and graphite products under a range of feedstock costs and secondary product revenues.


Process improvements

Hazer has further demonstrated substantial improvements in raw graphite purity now generating graphite with raw purity of 95%, up from 86%.

Improvements to the existing reactor design have allowed better control of the gas distribution and more effective catalyst fluidisation.

These improvements to the system have led to the higher yields and a greater reaction longevity.

Further results have also shown that Hazer’s current single stage purification process does not deteriorate the graphite crystallinity and morphology.


Background

The Hazer Process is a product of 8+ years of research and significant expenditure at UWA. After the process demonstrated initial success, Hazer Group was established in 2010 to commercialise the technology.

Hazer listed in November 2015 through an IPO.

After listing, the company completed a development partnership arrangement with the University of Sydney for scale up development work. Since listing, a new collaboration agreement was also signed with UWA, to develop the Hazer technology for production of graphene.

A partnership with Kemplant will see a demonstration plant constructed and commissioned following the completion of development work currently underway at University of Sydney.

Hazer retains 100% of the intellectual property rights to the Hazer Process through its various agreements with UWA, University of Sydney and Kemplant.


Analysis

These results indicate that Hazer has an opportunity to target three major global markets by offering a low cost product for the global graphite and hydrogen industries - as well as offering a low emission hydrogen-based energy solution.

In conjunction with making key advances in the underlying scale up process using large lab reactors, the company is now working towards the design and construction of a pre-pilot plant.

The facility is expected to be commissioned in early 2017. 

This plant is a key precursor to the ongoing design of Hazer’s pilot plant, that is targeting production levels of over 100 kilograms of combined hydrogen and graphite products per day.

Shares in Hazer have doubled year to date, currently trading at $0.54.

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Wed, 26 Oct 2016 14:20:00 +1100 http://www.proactiveinvestors.com.au/companies/news/167967/hazer-group-ltd-produces-over-1-kilogram-of-synthetic-graphite-167967.html
<![CDATA[News - Hazer Group Ltd's Geoff Pocock outlines commercialisation strategy at Spotlight CEO Session ]]> http://www.proactiveinvestors.com.au/companies/news/165231/hazer-group-ltds-geoff-pocock-outlines-commercialisation-strategy-at-spotlight-ceo-session-70276.html Hazer Group Ltd (ASX:HZR) is commercialising the Hazer Process, a process for manufacturing hydrogen gas and high-purity graphite from natural gas and iron ore.

Hazer's technology has the ability to disrupt the hydrogen and graphite markets, both exhibiting strong growth and generating annual sales of well in excess of US$100 billion.

Hydrogen is a clean energy source and currently accounts for less than 5% of global production.

This week Geoff Pocock, managing director, joined the Proactive Investors Spotlight CEO Session in Sydney, outlining the company strategy to investors.

ACCESS THE FULL PRESENTATION HERE

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.


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Fri, 05 Aug 2016 15:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/165231/hazer-group-ltds-geoff-pocock-outlines-commercialisation-strategy-at-spotlight-ceo-session-70276.html
<![CDATA[News - Hazer Group Ltd produces synthetic graphite with 99% purity ]]> http://www.proactiveinvestors.com.au/companies/news/136988/hazer-group-ltd-produces-synthetic-graphite-with-99-purity-70195.html Hazer Group Ltd (ASX:HZR) is undertaking the commercialisation of the Hazer Process, a low-emission hydrogen and graphite production process.

The Hazer Process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst.

Today the company has revealed that the company has produced synthetic graphite of 99% purity under non-optimised conditions.

Dr Andrew Cornejo, chief technology officer for, commented:

“It is promising that even under non-optimized conditions the characteristics of the graphite produced by the Hazer Process correlates well with commercially available premium graphite.

"These initial results show that Hazer’s graphite is highly crystalline with few defects, key requirements for high-end graphite markets such as battery applications.”

Hazer plans to implement a development and testing roadmap that initially focuses on the lithium-ion battery market for its high-grade synthetic graphite.

Ongoing commercialisation and scale -up development is underway targeting ongoing improvement of the yield and quality of the hydrogen and graphite produced via the Hazer process.


99% graphite details

Hazer has produced graphite at 99% TGC (total graphite content), through initial methane decomposition and a single stage chemical purification.
Importantly, the chemical purification can be undertaken without the use of hydrofluoric acid (HF).

Prior to chemical purification, the graphite product harvested directly from the Hazer reactor under non-optimised conditions has TGC purity of 86%.

These results using large-scale laboratory reactors are extremely promising and provide a solid foundation for the ongoing optimisation of Hazer’s reaction conditions to enhance the yield and quality of the graphite produced


Geoff Pocock, managing director, added:

“Hazer is extremely pleased with these initial results and believes this will provide a strong platform for further growth, through both optimisation of the core reaction conditions and as we undertake further application testing of Hazer’s graphite for batteries and other key graphite markets.”


Analysis

Today's results are very promising and provide a solid foundation for the ongoing development within the company’s new scaled-up laboratory, based at the University of Sydney.

The company has now set in place a development and testing roadmap that focuses on the lithium-ion battery vertical for its graphite product, as well as potential applications in other graphite markets.

Hazer also plans to develop and test small-scale lithium-ion batteries within its laboratory using synthetic graphite produced from the Hazer Process.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 02 Aug 2016 12:20:00 +1000 http://www.proactiveinvestors.com.au/companies/news/136988/hazer-group-ltd-produces-synthetic-graphite-with-99-purity-70195.html
<![CDATA[News - Hazer Group Ltd talks commercialising technology at CEO Spotlight Session ]]> http://www.proactiveinvestors.com.au/companies/news/136986/hazer-group-ltd-talks-commercialising-technology-at-ceo-spotlight-session-69966.html Hazer Group Ltd (ASX:HZR) is commercialising the Hazer Process, a process for manufacturing hydrogen gas and high-purity graphite from natural gas and iron ore.

Hazer's technology has the ability to disrupt the hydrogen and graphite markets, both exhibiting strong growth and generating annual sales of well in excess of US$100 billion.

Hydrogen is a clean energy source and currently accounts for less than 5% of global production.

Large growth opportunities exist in vehicle fuel and electricity generation, where demand is growing; this increasing usage of hydrogen in global energy markets (including the vehicle fuel market) is expected to see the demand for hydrogen significantly increase.

Furthermore, this will drive the need for “clean” hydrogen, produced without CO2 emissions.

The process provides a significant value add for Western Australia's largest exports, iron ore and natural gas.

 

Find out more from Geoff Pocock , managing director, at Proactive's Spotlight CEO Sessions in Sydney and Melbourne in August 2016.

REGISTER HERE, CLICK ON LINK: Sydney Investor Sessions, Wednesday, 3rd August

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Fri, 22 Jul 2016 10:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/136986/hazer-group-ltd-talks-commercialising-technology-at-ceo-spotlight-session-69966.html
<![CDATA[News - Hazer Group Ltd secures key talent on path to commercialisation ]]> http://www.proactiveinvestors.com.au/companies/news/136984/hazer-group-ltd-secures-key-talent-on-path-to-commercialisation-69346.html Hazer Group Ltd (ASX:HZR) has appointed Dr Andrew Harris as a non-executive director effective immediately, and Dr Andrew Minett as the chairman of Hazer’s newly created Science Advisory Commitee.

The appointments provide Hazer with the in depth commercial and technical capability to asses with the further development of the Hazer Process.

The Hazer Process is low cost and produces negligible carbon dioxide emissions.

Carbon dioxide emissions are a significant by-product of traditional production techniques used in the $100+ billion global hydrogen market.

Recent news has seen the company announce the successful commissioning of two new reactors through the collaboration with the University of Sydney.

The company also has partnered with chemical engineering group Kemplant Pty Ltd to develop a demonstration plant to showcase the Hazer technology.


Advantages of the Hazer Process

The key advantages of the Hazer Process over alternative technologies are:

- Lower costs for production of hydrogen and high purity graphite;
- Ability to produce hydrogen with negligible carbon dioxide emissions;
- The process can be used on a wide range of gas sources, including “stranded” gas assets; and
- The graphite produced is high quality and high purity allowing it to be used in a wide range of applications including the high value lithium-ion battery market.


Hydrogen market opportunity

The hydrogen generation market is estimated to be worth US$104 billion and is set to grow at between 5-6% per annum for the next 5 years.

The current principal methods of making hydrogen currently are based on fossil fuel reformation - steam methane reformation, partial oxidation and coal gasification.

All these processes produce very high levels of carbon dioxide in addition to the hydrogen product – typically more than 10t of CO2 for every tonne of hydrogen produced.

The majority of hydrogen is currently used in industrial chemical applications, in particular oil refining and the production of ammonia for explosives and fertilisers.

Currently less than 5% of global hydrogen production is used in energy markets, due to the cost and the significant CO2 emissions associated with traditional hydrogen production.

The growing demand for clean energy, and the successful commercial roll out of fuel cells, in particular in fuel cell vehicles (FCV’s) is expected to significantly increase the scale of the global hydrogen market.

The Hazer Process turns natural gas into hydrogen and graphite, using iron ore as a catalyst. The underlying chemistry of the process is well known, but previous attempts to commercialise the process have been uneconomical due to catalyst costs.

The use of iron ore as a catalyst, enables Hazer to operate at significantly lower costs.

Hydrogen is a key fuel of the clean energy system because burning hydrogen does not release carbon dioxide.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 21 Jun 2016 16:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/136984/hazer-group-ltd-secures-key-talent-on-path-to-commercialisation-69346.html
<![CDATA[News - Hazer Group Ltd on the cusp of revolutionising $100B hydrogen market ]]> http://www.proactiveinvestors.com.au/companies/news/136982/hazer-group-ltd-on-the-cusp-of-revolutionising-100b-hydrogen-market-68866.html Hazer Group Ltd (ASX:HZR, HZRO) is commercialising the Hazer Process, a process for manufacturing hydrogen gas and high-purity graphite from natural gas and iron ore.

The Hazer Process is low cost and produces negligible carbon dioxide emissions. Carbon dioxide emissions are a significant by-product of traditional production techniques used in the $100+ billion global hydrogen market.

Hazer has partnered with the University of Sydney for process development, and has a research collaboration with the University of Western Australia (UWA).

Recent news has seen the company announce the successful commissioning of 2 new reactors through the collaboration with the University of Sydney.

The company also has partnered with chemical engineering group Kemplant Pty Ltd to develop a demonstration plant to showcase the Hazer technology.

The company is well funded to undertake the core development activities necessary to further commercialise the Hazer Process.

The company intends to commercialise the process through a combination of building hydrogen and graphite production plants and licensing the technology to other users.


Advantages of the Hazer Process

The key advantages of the Hazer Process over alternative technologies are:

- Lower costs for production of hydrogen and high purity graphite;
- Ability to produce hydrogen with negligible carbon dioxide emissions;
- The process can be used on a wide range of gas sources, including “stranded” gas assets; and
- The graphite produced is high quality and high purity allowing it to be used in a wide range of applications including the high value lithium-ion battery market.


Background

The Hazer Process is a product of 8+ years of research and significant expenditure at UWA. After the process demonstrated initial success, Hazer Group was established in 2010 to commercialise the technology.

Hazer listed in November 2015 through an IPO.

After listing, the company completed a development partnership arrangement with the University of Sydney for scale up development work. Since listing, a new collaboration agreement was also signed with UWA, to develop the Hazer technology for production of graphene.

A partnership with Kemplant will see a demonstration plant constructed and commissioned following the completion of development work currently underway at University of Sydney.

Hazer retains 100% of the intellectual property rights to the Hazer Process through its various agreements with UWA, University of Sydney and Kemplant.


Hydrogen market opportunity

The hydrogen generation market is estimated to be worth US$104 billion and is set to grow at between 5-6% per annum for the next 5 years.

The current principal methods of making hydrogen currently are based on fossil fuel reformation - steam methane reformation, partial oxidation and coal gasification.

All these processes produce very high levels of carbon dioxide in addition to the hydrogen product – typically more than 10t of CO2 for every tonne of hydrogen produced.

The majority of hydrogen is currently used in industrial chemical applications, in particular oil refining and the production of ammonia for explosives and fertilisers.

Currently less than 5% of global hydrogen production is used in energy markets, due to the cost and the significant CO2 emissions associated with traditional hydrogen production.

The growing demand for clean energy, and the successful commercial roll out of fuel cells, in particular in fuel cell vehicles (FCV’s) is expected to significantly increase the scale of the global hydrogen market.

The Hazer Process turns natural gas into hydrogen and graphite, using iron ore as a catalyst. The underlying chemistry of the process is well known, but previous attempts to commercialise the process have been uneconomical due to catalyst costs.

The use of iron ore as a catalyst, enables Hazer to operate at significantly lower costs.

Hydrogen is a key fuel of the clean energy system because burning hydrogen does not release carbon dioxide.

However, when the production of hydrogen generates carbon dioxide, the benefits of using hydrogen are negated. Currently, the only way to produce hydrogen without CO2 emissions is by electrolysis of water.

However this process is very expensive, and requires a substantial primary power source; for CO2 free hydrogen this energy must also be generated without emissions, and this requirement for clean electricity further increases the costs of electrolysis.

The Hazer Process does not require additional energy, as a portion of the hydrogen produced can be used for the process energy needs, and the surplus hydrogen is free of CO2 emissions.


Graphite instead of carbon dioxide

The Hazer Process produces solid carbon (graphite) instead of gaseous carbon (carbon dioxide).

The graphite produced is high quality and able to be used in the transformational lithium-ion battery market. The Hazer Process can also be used to create a range of graphite products including carbon nanotubes or graphene.

The synthetic process enables control over quantity, purity and quality of the resultant graphite.


Corporate

The company had cash reserves of $5.15 million at the end of the March quarter.

Hazer completed a $0.895 million placement during March to a strategic investor.

The placement price of $0.28 per share represented a 40% premium to the company’s IPO price.

Major shareholders include managing director Geoff Pocock, chief technology officer Dr. Andrew Cornejo, Mineral Resources Ltd and UWA.


Analysis

Since Hazer's IPO in November 2015, the stock is up 160%, trading at around $0.57 per share.

Hazer's technology has the ability to disrupt the hydrogen and graphite markets, both exhibiting strong growth and generating annual sales of well in excess of US$100 billion.

Hydrogen is a clean energy source and currently accounts for less than 5% of global production.

Large growth opportunities exist in vehicle fuel and electricity generation, where demand is growing; this increasing usage of hydrogen in global energy markets (including the vehicle fuel market) is expected to see the demand for hydrogen significantly increase.

Furthermore, this will drive the need for “clean” hydrogen, produced without CO2 emissions.

The process provides a significant value add for Western Australia's largest exports, iron ore and natural gas.

Graphite demand is strong, driven by industrial uses and the increasing need for graphite in Li-ion batteries. High grade synthetic graphite can attract values in excess of US$10,000 per tonne.

News flow related to the commercialisation of the technology is expected regarding:

- Development activities at the University of Sydney;
- Research into the production of graphene at UWA; and
- Updates on the scale up development and design of the initial demonstration plant.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Fri, 27 May 2016 09:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/136982/hazer-group-ltd-on-the-cusp-of-revolutionising-100b-hydrogen-market-68866.html
<![CDATA[News - Hazer Group Ltd on the cusp of revolutionising the $100B hydrogen market ]]> http://www.proactiveinvestors.com.au/companies/news/136980/hazer-group-ltd-on-the-cusp-of-revolutionising-the-100b-hydrogen-market-68575.html Hazer Group Ltd (ASX:HZR) is commercialising a process capable of cleanly manufacturing hydrogen gas and high-purity graphite from natural gas and iron ore.

The Hazer Process is low cost and produces negligible carbon dioxide emissions, which is uncommon in the $100+ billion global hydrogen market.

Hazer is partnered with University of Western Australia (UWA) and the University of Sydney for research.

The company also has partnered with chemical engineering group Kemplant Pty Ltd to develop a demonstration plant to showcase the Hazer technology.

The company is well funded to undertake the core development activities necessary to further commercialise the Hazer Process.

The company intends to commercialise the process through building hydrogen and graphite producing plants and licensing the technology to other users.


Advantages of the Hazer Process

The key advantages of the Hazer Process over alternative technologies are:

- Lower costs for production of hydrogen and high purity graphite;

- Ability to produce hydrogen with negligible carbon dioxide emissions;

- The process can be used on a wide range of gas sources, including “stranded” gas assets; and

- The graphite produced is high purity allowing it to be used in lithium-ion batteries and for the production of the super material, graphene.


Background

The Hazer Process is a product of 8+ years of research and $6 million of expenditure at UWA.

After the process demonstrated initial success, Hazer Group was established in 2010 to commercialise the technology.

Hazer listed in November 2015 through an IPO.

Since listing, a new agreement was signed with UWA to develop Hazer technology for production of graphene.

A partnership with Kemplant will see a demonstration plant constructed and commissioned following the completion of development work currently underway at University of Sydney.

Hazer retains 100% of the intellectual property rights to the Hazer Process through its various agreements with UWA, University of Sydney and Kemplant.


Hydrogen market opportunity

The hydrogen generation market is estimated to be worth US$104 billion and is set to grow at between 5-6% per annum for the next 5 years.

The Hazer Process turns natural gas into hydrogen and graphite using iron ore as a catalyst.

Several similar alternative technologies have run into problems due to catalysts being too expensive.

The off spec iron ore catalyst is so inexpensive that Hazer can dispose of it after use.

Hydrogen is a key fuel of the clean energy system because burning hydrogen does not release carbon dioxide - but creating the hydrogen for the clean energy system currently does.


Graphite instead of carbon dioxide

The current method of making hydrogen, steam methane reformation, produces high levels of carbon dioxide.

The Hazer Process produces solid carbon (graphite) instead of gaseous carbon (carbon dioxide).

The graphite produced is high quality and able to be used in the transformational lithium-ion battery market and for the production of graphene.

Furthermore, because the graphite is synthetically produced (as opposed to mined from the ground) it has both cost and quality advantages.

The synthetic process enables control over quantity, purity and quality of the resultant graphite.


Corporate

The company had cash reserves of $5.15 million at the end of the March quarter.

Hazer completed a $0.895 million placement during March to a strategic investor.

The placement price of $0.28 per share represented a 40% premium to the company’s IPO price.

Major shareholders include managing director Geoff Pocock, chief technology officer Dr. Andrew Cornejo, Wesfarmers BioEnergy and UWA.


Analysis

Since Hazer's IPO in November 2015, the stock is up 160%, trading at around $0.57 per share.

Hazer's technology has the ability to disrupt the hydrogen and graphite markets, both exhibiting strong growth and generating annual sales of well in excess of US$100 billion.

Hydrogen is a clean energy source and currently accounts for less than 5% of global production.

Large growth opportunities exist in vehicle fuel and electricity generation, where demand is growing.

The process provides a significant value add for Western Australia's largest exports, iron ore and natural gas.

The plants required to make use of the process have been described as requiring relatively low capital investment.

High grade synthetic graphite attracts values in excess of US$10,000 per tonne.

Furthermore, Hazer see the opportunity to go carbon-negative, which would mean the process removes carbon dioxide from the atmosphere during the process to create the graphite.

News flow related to the commercialisation of the technology is expected regarding:

- Development activities at the University of Sydney

- Research into the production of graphene at UWA; and

- Updates on the scale up development and design of the initial demonstration plant.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Thu, 12 May 2016 12:15:00 +1000 http://www.proactiveinvestors.com.au/companies/news/136980/hazer-group-ltd-on-the-cusp-of-revolutionising-the-100b-hydrogen-market-68575.html
<![CDATA[News - Hazer Group Ltd to raise $0.9M through share placement to strategic investor ]]> http://www.proactiveinvestors.com.au/companies/news/136978/hazer-group-ltd-to-raise-09m-through-share-placement-to-strategic-investor-67552.html Hazer Group Ltd (ASX:HZR) announced that it is raising $0.9 million via a placement of 3.195 million shares at $0.28 per share to a strategic investor who specialises in investing in small cap and emerging companies.

Hazer Group has maintained its growth momentum with share price increasing 40% from its IPO price in late 2015.

Hazer Group is a technology development company undertaking commercialisation of the Hazer Process, a low-emission hydrogen and graphite production process.

Funds from the placement will be used for working capital requirements including further development and commercialisation of the Hazer Process.

The issue of the placement shares is expected to be completed this week.

Hazer Group also announced the appointment of Terry Walsh as Chief Development Officer. He has 20 years' experience in commercial law and management including roles as General Counsel of Hancock Prospecting Pty Ltd and Corporate Counsel with Rio Tinto Limited (ASX:RIO).

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Wed, 16 Mar 2016 15:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/136978/hazer-group-ltd-to-raise-09m-through-share-placement-to-strategic-investor-67552.html
<![CDATA[News - Hazer Group Ltd gets ready to raise ]]> http://www.proactiveinvestors.com.au/companies/news/136976/hazer-group-ltd-gets-ready-to-raise-67478.html Hazer Group Ltd (ASX:HZR) is heading to market with a capital raising, in the form of a placement, and the ASX has granted the company a trading halt to prepare.

Hazer is a an early stage technology development company undertaking the commercialisation of a low-emission hydrogen and graphite production process.

The halt will remain in place until the opening of trade on Wednesday 16th March 2016, or earlier if an announcement is made to the market.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Mon, 14 Mar 2016 10:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/136976/hazer-group-ltd-gets-ready-to-raise-67478.html
<![CDATA[News - Hazer Group tees up ASX debut, targets battery markets ]]> http://www.proactiveinvestors.com.au/companies/news/136974/hazer-group-tees-up-asx-debut-targets-battery-markets-65908.html Clean technology company Hazer Group (ASX:HZR) has now been officially admitted to the ASX and will begin its quotation tomorrow.

The news follows the successful completion of the company’s IPO last month thanks to a positive response to a A$5 million fundraiser.

The offer was closed several weeks earlier than expected and was heavily oversubscribed.

Hazer’s IPO included the issue of 25 million shares at A$0.20 each and strong support from public investors as well as participation by a number of sophisticated and strategic investors.

The company will use the proceeds towards the ongoing development of its technology over the next two years, enabling it to tap into considerable opportunities in the global clean energy market.

Hazer was established in 2010 to commercialise the development of a hydrogen and graphite production process created by researchers at the University of Western Australia.

Global hydrogen production in 2014 was estimated at over 64 million tonnes, at a total value of more than US$100 billion.

The most significant geographic markets were Asia (43%) and Europe (23%).

It is used primarily used in the petroleum refining process to crack heavy hydrocarbons to produce liquid fuels, and as a feedstock for ammonia production.

Hazer’s strategy in this space will be to target the growing markets for low-cost synthetic graphite with high-purity and crystallinity – which are connected to the expansion of the electric vehicle industry.


Analysis

The positive response to Hazer’s IPO underscores market recognition in the value of clean hydrogen versus other environmentally conscious energy strategies which nevertheless produce carbon dioxide and thus essentially negate their clean energy benefits.

The Hazer approach is prospective in that it will pursue the commercialisation of clean technology which is less expensive and more energy efficient.

The company’s core technology will achieve this by using natural gas (instead of independent primary clean energy supplies) and iron ore to produce clean hydrogen and synthetic graphite products destined for growing global battery markets.

 
Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 01 Dec 2015 11:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/136974/hazer-group-tees-up-asx-debut-targets-battery-markets-65908.html
<![CDATA[News - Hazer Group seeks up to $5M through initial public offering ]]> http://www.proactiveinvestors.com.au/companies/news/136972/hazer-group-seeks-up-to-5m-through-initial-public-offering-64823.html Hazer Group is raising up to $5 million through an initial public offering of 25 million shares priced at $0.20 each.

The company has intellectual property rights to a technology (the Hazer Process) developed at the University of Western Australia that produces hydrogen and high purity graphite from methane in an environmentally friendly process.

The company and UWA have applied for 3 patents associated with the Hazer Process, which is distinguished from existing commercial hydrogen production technologies by its co-production of graphite.

Proceeds from the IPO will be used for the following:

- Fund a 2 year research and development program of the Hazer Process and its development paths;
- Pay fees associated with patent protection; and
- Provide general working capital including corporate administration costs.

Development to date has demonstrated initial scale up of an original research-scale reactor employing the Hazer Process as well as advances in the underlying process through catalyst development.

The company seeks to further develop the process by large-scale in-laboratory development, progressing through demonstration and pilot plants to a commercial plant utilising the Hazer Process.


Hydrogen Market

Global hydrogen production in 2014 is estimated at over 64 million tonnes, at a total value of over US$100 billion.

The most significant geographic markets were Asia (43%) and Europe (23%).

It is used primarily used in the petroleum refining process to crack heavy hydrocarbons to produce liquid fuels, and as a feedstock for ammonia production.

It can also be used as a fuel in its own right though this is constrained by existing production methods, which are not clean, cost effective or energy efficient.

It will trade as HZR on the Australian Securities Exchange.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 29 Sep 2015 14:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/136972/hazer-group-seeks-up-to-5m-through-initial-public-offering-64823.html