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Hazer Group Limited (ASX:HZR)

ALERT: Price-sensitive ASX Announcement for HZR
Current share price for HZR : $0.330 -0.01 (-2.94%)+
Announcement
Release
15 Apr 2026 8:18AM
Price at Release
$0.340
Full Release
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Summary
Hazer Group Limited, in collaboration with KBR, has completed a comprehensive commercial-scale Process Design Package (PDP) for the Hazer® Process, advancing the company's methane pyrolysis technology towards commercial deployment. This milestone supports global deployment with a standardized design basis, confirming industrial-scale capability for a hydrogen plant producing 30,000 tonnes annually. The PDP aligns with global engineering standards, allowing clients to integrate the Hazer Process into their operations. The Hazer-KBR alliance leverages proprietary technology and global engineering expertise to offer scalable, low-emissions hydrogen production solutions.
Key Points
  • Hazer Group Limited and KBR have completed a commercial-scale Process Design Package (PDP) for methane pyrolysis technology.
  • The PDP supports global deployment and licensing with a standardised design basis.
  • The design confirms industrial-scale capability for a 30,000 tonnes per annum hydrogen plant.
  • The PDP aligns with global engineering standards and allows for the evaluation of the Hazer Process in client operations.
  • Hazer's technology produces clean hydrogen using natural gas and iron-ore, aiming for low-emissions pathways.
  • The Hazer-KBR alliance combines proprietary technology with global engineering expertise to advance deployment strategies.
  • The announcement marks a significant milestone in Hazer's go-to-market strategy for commercial deployment.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.