Staff Reporter
17 October 2024 08:57
Chemical engineering company Hazer Group and Japanese trading company Mitsui & Co have extended their MoU, announced almost two years ago, regarding joint investigation of potential markets for graphite.
The original November 2022 MoU covered an initial marketing survey – making use of Mitsui’s global network – for applications of graphitic carbon, which the Australian company refers to as Hazer graphite.
According to a statement from Hazer on Thursday morning, the extended MoU covers “further product evaluation, testing of larger samples” from Hazer’s Commercial Demonstration Plant (CDP). as well as ongoing market engagement with prospective offtakers.
The company has identified applications including in both traditional blast furnace and green steel production, thermal energy storage, water purification, and asphalt.
“Through this important partnership with Mitsui, we have jointly identified markets that offer a good fit for our graphite and discussions are ongoing to establish volume, pricing ranges and potential offtake opportunities,” said Hazer Managing Director and CEO Glen Corrie.
“We are excited to be extending our strategic partnership with Mitsui.”
Hazer’s foundational technology converts methane into graphite and hydrogen, with the gas produced at a lower greenhouse gas emission output versus traditional steam reforming. Its CDP at the Woodman Point Waste Water Recovery Facility in Western Australia uses methane from biogas.
Picture: credit Hazer
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