Hazer Strengthens Decarbonisation Strategy with Graphite Offtake Agreement
Hazer Group Limited (ASX: HZR), an Australian clean technology company, has entered into a non-binding Memorandum of Understanding and graphite offtake Letter of Intent with Green Steel of WA. The agreement outlines the potential supply of up to 85,000 tonnes of graphite over a 10-year period, supporting the development of a low-emissions steel mill in Collie, Western Australia.
This marks Hazer’s first commercial graphite offtake arrangement with a steel producer, reinforcing its strategy to monetise graphite alongside hydrogen production. The pricing mechanism is linked to anthracite benchmarks, aiding market development and improving price visibility.
Hazer’s proprietary process produces hydrogen and high-purity graphite with lower emissions, positioning the company as a key enabler in steel decarbonisation. The collaboration highlights increasing industry demand for sustainable materials and supports Hazer’s expansion into industrial applications, particularly in reducing emissions within the global steel sector.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Hazer Strengthens Decarbonisation Strategy with Graphite Offtake Agreement
Hazer Group Limited (ASX: HZR), an Australian clean technology company, has entered into a non-binding Memorandum of Understanding and graphite offtake Letter of Intent with Green Steel of WA. The agreement outlines the potential supply of up to 85,000 tonnes of graphite over a 10-year period, supporting the development of a low-emissions steel mill in Collie, Western Australia.
This marks Hazer’s first commercial graphite offtake arrangement with a steel producer, reinforcing its strategy to monetise graphite alongside hydrogen production. The pricing mechanism is linked to anthracite benchmarks, aiding market development and improving price visibility.
Hazer’s proprietary process produces hydrogen and high-purity graphite with lower emissions, positioning the company as a key enabler in steel decarbonisation. The collaboration highlights increasing industry demand for sustainable materials and supports Hazer’s expansion into industrial applications, particularly in reducing emissions within the global steel sector.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au