Hazer Group receives interest from steel industry for its technology
Shares are trading up 40% over the past month, currently priced at $0.61.
Company
ASX:HZR
Hazer Group Limited is a pioneering ASX-listed technology development company undertaking the commercialisation of the HAZER® Process, a low-emission hydrogen and graphite production process. The company's 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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Shares are trading up 40% over the past month, currently priced at $0.61.
Shares are trading up 24% intra-day, currently priced at $0.51.
The halt will remain in place until Tuesday 3rd October 2017.
Hydrogen is tipped to become an important clean energy fuel.
Malherbe has over 20 years of international engineering and management experience.
The pre-pilot plant is expected to be operational by the end of April.
Hazer Group's share purchase plan is non-renounceable.
Hazer shares have more than tripled since their December 2015 IPO.
Commissioning of the facility is expected to be complete this month.
Hazer has raised $5 million in a placement with an SPP to follow.
CleanEquity® Monaco is a cleantech and resource efficiency conference.
Hazer’s graphite is exhibiting compelling performance results.
Terry Walsh is a senior commercial lawyer and manager.
Hazer is completing its third of four key development stages.
The results significantly exceed the performance of natural graphite anodes.
The Hazer Process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite.
Hazer Group Ltd (ASX:HZR) has made further appointments to the company’s Science Advisory Committee (SAC), bringing expertise in process development, hydrogen production and new energy technologies.
Bryant McLarty, director, increased his stake in the company.
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."