Hazer Group (ASX:HZR) announced its Quarterly Activities and Cash Flow report for the period ending 30 September 2024.
Among the highlights, their Commercial Demonstration Plant (CDP) successfully achieved over 360 hours of continuous operation, demonstrating impressive plant reliability and methane conversion rates.
The ongoing technology and reactor performance test program is on track for completion by year-end.
The company also completed the fabrication of a commercial-scale reactor, setting the stage for scale-up concept testing in 2025.
"It’s been a breakthrough quarter for our CDP achieving over 360 hours of reliable and stable production performance. This is further reinforced by the concurrent and continued good progress on our first commercial project in Canada," said Glenn Corrie, Managing Director of the Hazer Group.
Hazer also reported progress in its intellectual property protection strategy, with the World Intellectual Property Organisation confirming the patentability of its technologies.