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Hazer Group Limited (ASX:HZR)

ALERT: Price-sensitive ASX Announcement for HZR
Current share price for HZR : $0.345 0.02 (6.15%)+
Announcement
Release
15 Jun 2026 8:30AM
Price at Release
$0.325
Full Release
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Summary
Hazer Group Limited has entered into a binding Memorandum of Understanding (MOU) with Hallett Group to explore the use of Hazer Graphite in low-emissions concrete and construction materials. This collaboration aims to develop new commercial applications for Hazer's graphite product in South Australia, leveraging Hallett's extensive market presence and focus on industrial decarbonisation. Supported by the Government of South Australia, the partnership is part of a broader strategy to enhance Hazer's role in emerging decarbonisation opportunities and complements its other initiatives like potential integration with the Whyalla steelworks. The MOU includes exclusive rights for Hallett to use Hazer Graphite in South Australian concrete markets until January 2027, with further commercial discussions anticipated following a testing program.
Key Points
  • Hazer Group Limited has signed a binding MOU with Hallett Group to collaborate on product development and commercial graphite offtake discussions.
  • The MOU focuses on integrating Hazer Graphite into low-emissions concrete and construction materials.
  • Hallett Group, a leading South Australian industrial company, will use its R&D capabilities for this integration.
  • The collaboration aims to support industrial decarbonisation and is backed by the Government of South Australia.
  • Hazer Graphite has been qualified for concrete applications by Boral Labs, meeting Australian infrastructure standards.
  • The agreement strengthens Hazer's strategic position in South Australia and complements its broader activities, including potential integration with Whyalla steelworks.
  • Hallett is advancing its Green Cement Transformation Project for lower-carbon cement production.
  • Hazer has granted Hallett exclusive rights for Hazer Graphite in South Australia's concrete market until January 2027.
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.