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Hazer Group Ltd

Hazer Group pre-pilot plant now considered a pilot plant, as tests beat targets by 300%

Hazer Group Ltd (ASX:HZR) chief technical officer Andrew Cornejo speaks to Proactive Investors about recent pilot plant testing results that beat capacity targets by 300%. 

"The main purpose of the test was obviously technical validation as we progress through the scale up stages towards commercialisation. The results were really good; we had 30kg per day of graphite and 8kg per day of hydrogen, which is really quite impressive for the scale that we're at," says Cornejo.

Speaking more in detail about the Hazer Process, Cornejo says, "The fact that we produce two products means that they each offset each other's costs, and we can be the lowest cost provider of both these commodities."

Quick facts: Hazer Group Ltd

Price: $0.30

Market: ASX
Market Cap: $28.69 m
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on 19/6/19

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