Hazer Group was established in 2010 to commercialise the Hazer Process, a low-emission process to convert methane into hydrogen and high-quality graphite, using iron ore as a process catalyst. This carbon-capture process was developed using high-resolution microscopy at Microscopy Australia’s University of Western Australia facility. Read more about that research here.
The proposed Burrard Hazer Hydrogen Project, located in British Columbia, will process natural gas to produce 2,500 tonnes per annum low-carbon emission hydrogen and approximately 9,000 tonnes of synthetic graphite by-product. The Hazer Process is of particular interest in places like Canada where the climate means that producing hydrogen using solar powered catalysis is less economical.
Under the agreement, Suncor and FortisBC will have exclusive rights to deploy the Hazer Process in Canada and Colorado, USA, in return for a royalty payment scheme. The Feasibility Study commenced in February 2022, with a target date for final investment decision by 2023, and operations commencing in 2025.
This is just the latest in a line of successes for the start up since it launched on the ASX attracting both international and local investment. In 2020 they completed a successful feasibility study. Off the back of this, the construction of a demonstration plant, in collaboration with Water Corporation WA, was given the green light to turn methane from Perth’s waste water into hydrogen fuel. The main reactor for this plant is expected to arrive in July 2022, and production to commence later this year.
July 15, 2022