Hazer Group (HZR) investor relations material

Technology and process overview

• Proprietary methane pyrolysis technology produces clean hydrogen and high-quality graphite using natural gas or biogas and an iron ore catalyst, enabling low-cost, low-emission outputs at commercial scale.

• The process is water-free, has a small footprint compared to electrolysers, and is well-suited for integration with direct reduction steelmaking.

• Produces two strategic products: high-purity hydrogen and valuable graphite, both with strong synergies to steelmaking and other industries.

Commercialisation and market readiness

• Technology has advanced from lab scale to commercial demonstration, with large-scale reactor simulations and industrial user plants underway.

• Multiple projects are progressing through feasibility, site selection, and licensing, including partnerships in Canada, Japan, Korea, and England.

• KBR alliance supports scale-up and de-risks project delivery, with a 30ktpa+ plant design in development.

Strategic partnerships and industry integration

• Collaboration with POSCO extended to 2028 to integrate technology into low-carbon steelmaking, with successful graphite testing for steel applications.

• Hallett partnership targets low-emissions concrete, leveraging graphite qualification and supporting South Australia's decarbonisation goals.

• M Resources shortlisted for Whyalla steel project, aiming for the first large-scale steel deployment of the process.