HZR 5.21% 50.5¢ hazer group limited

Ann: Hazer Commercial Demonstration Project Update, page-34

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    From the last Quarterly.....
    Only a few weeks to go till the next one now...
    Interesting to see whats in it


    Business Development
    International interest in low-emission technologies continues to be very strong across Europe, Asia and North
    America, with a significant focus on accelerating national decarbonisation plans and increased ambition to
    tackle climate change following the inauguration of President Biden in the USA. This has resulted in increased
    enquiries to Hazer about the potential to apply the Hazer technology in a range of scenarios, with particular
    emphasis on the role it could play in the future decarbonisation of heavy industry.
    Hazer is continuing to work with potential collaboration partners in Europe, Asia, North America, and Australia
    to identify the most prospective early commercialisation opportunities, focusing on locations that are
    emphasising roll-out of industrial demonstration opportunities and providing incentives for the early up-take of
    low-carbon processes.
    During the quarter, we have developed with Chiyoda an engineering program to develop an updated
    engineering study of a larger (potential capacity 2,000 – 5,000 t p.a.) Hazer plant. This initial study will be
    used to advance discussions with interested Japanese parties and also as the platform to further advance our
    discussions with interested parties in Asia, Europe and North America. We hope to be able to commit to this
    study in the next quarter, with completion of this work expected to occur in 2H 2021.
    We maintain our goal of maturing at least one potential project opportunity to a feasibility study stage through
    2H 2021 in parallel to completing the construction of the CDP.
    Research & Development Activities
    Research & Development remains a core activity for Hazer, with high potential impact programs continuing in
    2021.
    During the quarter, Hazer continued to progress a Electrochemical Purification (ECP) Scoping Study for a
    novel electrochemical purification technique to purify the graphite produced in the Hazer Process without the
    use of high-temperature or aggressive acid treatment. The study follows initial successful lab tests that
    indicated the potential to achieve purities in excess of 99% total graphitic carbon using this process.
 
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