HZR hazer group limited

Ann: Share Purchase Plan Offer Booklet, page-17

  1. 271 Posts.
    lightbulb Created with Sketch. 63
    The race is warming up. Hazer needs to get a wriggle on. Hence the raise?

    22 February 2024
    Australian Securities Exchange Limited
    10th Floor
    20 Bridge Street
    SYDNEY NSW 2000
    Dear Sir/Madam
    INVESTMENT UPDATE - CLEAN HYDROGEN TECHNOLOGIES NOW MOVED FROM PROOF OF
    CONCEPT TO PRODUCTION
    Clean Hydrogen Technologies Corp (CHT), a 15.6% and 3.9%, BPH and Advent Energy
    Limited investment respectively, has moved from proof of concept to production.
    CHT cracks hydrocarbons from natural gas using a process called thermo-catalytic
    pyrolysis which combines heat, a catalyst and has no oxygen. CHT’s feedstock is natural
    gases hydro-carbons. Importantly there are no CO2 emissions from the core process since
    the carbon becomes a solid carbon composite product, thus rendering natural gas a
    clean (no CO2 emissions) source of 2 products, turquoise hydrogen and solid carbon
    composite.
    What is Turquoise Hydrogen?
    Turquoise Hydrogen is the industry term used for hydrogen sourced from natural gases
    hydrocarbons using thermo-catalytic pyrolysis.
    What is Carbon Composite?
    Since there are no CO2 emissions the carbon becomes solid in the form of a fine black
    dust type material which in CHT’s case is a carbon composite made from CNTs (Carbon
    Nanotubes) and Alumina (ceramics). Carbon nanotubes have unusual mechanical
    properties to reinforcement their Alumina composite, acting as a toughening agent. CNTs
    have a tensile strength greater than steel, conductivity greater than copper and thermal
    dissipation greater than diamonds. They also resist corrosion and fatigue (ref:
    https://www.assemblymag.com/articles/93180-can-carbon-nanotubes-replacecopper).
    Next Steps for CHT
    CHT are next scaling their carbon composite and hydrogen production.
    David Breeze (Managing Director) authorised the release of this announcement.
    David Breeze
    Executive Directo
 
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35.0¢
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