From the MIN heads of agrreement announcement: "Under the terms...

From the MIN heads of agrreement announcement:

"Under the terms of the agreement, any future hydrogen licence will grant Mineral Resources the primary opportunity to acquire any graphite co-produced by hydrogen partners. This significantly derisks the Hazer technology for Hazer’s future hydrogen production partners, as Mineral Resources now offers the graphite off-take pathway that can significantly decrease net hydrogen production costs."

By all reports Hazer intends not to licence their technology but own the plants, therefore they can do what they like with their own graphite produced (I believe)