HZR hazer group limited

Ann: Half Yearly Report and Accounts, page-2

  1. 383 Posts.
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    Lots of same old, but this did catch my eye:

    "Hazer continues to advance discussions and engage with a range of potential customers and strategic partners, with a focus on hard-to-abate sectors, particularly in Australia, North America and Asia."

    I don't recall there being much talk in recent times of doing anything at all in Australia. Now they mention Australia before North America and Asia. Is something afoot? Is that and the recent "fast moving" comment indicative of a new Australian focus maybe?

    As for hard to abate sectors in Australia, the AFR has recently reported that the Wyalla steel works will be converted so the furnace would no longer run on coal and initially be powered by gas before it is replaced by green hydrogen. If not coal - they need to get the carbon from somewhere. Is there a role for Hazer to play there, even if only as a transition strategy? Posco were were interested in Wyalla before Gupta bought it. There might be a connection there. Might this be what is afoot?
 
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