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Hazer Group Limited (ASX:HZR)

ALERT: Price-sensitive ASX Announcement for HZR
Current share price for HZR : $0.328 -0.063 (-16.03%)+
Announcement
Release
20 Apr 2026 8:26AM
Price at Release
$0.390
Full Release
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Summary
The Hazer Group Limited's quarterly activities and cashflow report for the period ending 31 March 2026 highlights significant progress in commercializing the Hazer Process, which produces low-emission hydrogen and high-purity graphite. Key activities include the completion of a Process Design Package (PDP) with KBR for a 30 ktpa hydrogen plant, which enhances the company's capability to offer a scalable, market-ready solution for industrial applications. The report also notes successful qualification of Hazer's graphite for use in concrete and asphalt, opening up new market opportunities. Hazer maintained a strong funding position despite recording net operating cash outflows of $2 million, with $12.9 million in cash and cash equivalents at quarter-end. The company continues to advance partnerships, including a collaboration with Kemira, and is well-positioned to address growing demand for low-emission energy solutions.
Key Points
  • Completion of Process Design Package (PDP) with KBR.
  • Hazer Process offers low-emission hydrogen and high-purity graphite.
  • Graphite qualified for use in concrete and asphalt markets.
  • Strong funding position with $12.9 million in cash at quarter-end.
  • Net operating cash outflows of $2 million for the quarter.
  • Collaboration initiated with global chemicals company Kemira.
  • Continued advancement of commercial projects and partnerships.
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.