What does Hazer Group do?
Hazer Group (ASX:HZR) is an Australian technology company developing a low-emission process for the production of hydrogen and synthetic graphite. The company's flagship technology, the Hazer Process, uses natural gas and unprocessed iron ore to produce hydrogen and synthetic graphite at a lower cost and with lower emissions than traditional methods. Hazer is currently constructing a commercial demonstration plant for the Hazer Process in Western Australia. The plant is expected to be operational in 2024, and it will produce hydrogen and synthetic graphite for sale to commercial customers. Hazer's objectives are to commercialise the Hazer Process and to become a leading supplier of low-emission hydrogen and synthetic graphite. The company believes that its technology has the potential to revolutionise the hydrogen and graphite industries.