Sign up Australia
Proactive Investors - Run By Investors For Investors

Hazer Group commences pilot plant development with Mineral Resources

The concept designs for the stage I pilot plant and commercial scale reactors are complete.
two hands holding pens signing a paper
The cooperative proposed development pathway is across three stages

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.

View full HZR profile View Profile

Hazer Group Ltd Timeline

Related Articles

Vault online software in the cloud image
August 08 2018
The company has achieved strong sales on the back of its risk and safety management software systems.
Mexican flag
March 26 2018
PLCs in emerging markets no longer have to find someone to promote their company to overseas investors
Flow chart of the Hazer Process
March 21 2018
The Hazer Process could disrupt the $100 billion hydrogen production market.

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use