The deal was a three stage agreement, MIN have now withdrawn, so the entire agreement is cancelled.
Graphite is the potential achilles heel, if Hazers graphite is low value, it will not provide enough income to make Hydrogen production economic.
Other forms of methane cracking, such as the molten zinc catalyst, which produces a lower grade carbon will become more viable as it is more efficient than Hazers process.
Ann: Hazer & Mineral Resources Terminate Collaboration Agreement, page-22
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