Both the FEED and concept engineering studies are scheduled for completion by approximately mid Q4 2018. Hazer will utilise the study data and outcomes to evaluate and progress opportunities for the ongoing design (detail engineering design) and construction of a demonstration plant capable of supplying final product to market. Additionally, Hazer will incorporate the commercial scale study data and outcomes to further develop commercial opportunities and to establish cost points for its intended commercial products of hydrogen and graphite. “This will be a milestone study by an independent group to provide some robust economic data to set us on a solid foundation for the commercialisation of the Hazer process,” said Mr Edwards.
I read it that they will have a strong, costed business case to present to prospective partners once the FEED studies are completed.
This will provide the surety necessary to begin licensing or building new Hydrogen plants in 2019.
HZR Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
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