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.
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