HZR 1.20% 42.0¢ hazer group limited

I wonder what the agreement is between MIN and Hazer regarding...

  1. 630 Posts.
    lightbulb Created with Sketch. 353
    I wonder what the agreement is between MIN and Hazer regarding the off-gas that is produced from the process?

    MIN haven't previously taken an interest in hydrogen, and HZR management were recently quoted at the AGM saying MIN wanted hazer to come take away their pesky hydrogen.

    But in MIN's recent presentation, and at the AGM, they mentioned using/developing hydrogen as an energy source.

    MIN is upscaling their paddle tube reactor much faster than HZR, planning to develop 10,000tpa (graphite) within the next 18 months. Whereas Hazer look to be upscaling to a much smaller 180tpa in the same time frame, with a further plant the size of MIN's after that.

    Clearly, MIN's technology is focused on graphite, so the hydrogen presumably won't be high purity, but is likely to be around 50% which is suitable for pressure swing absorption.

    My point being, MIN is going to be the biggest producer of hydrogen in two years, so where is it all going? Are MIN going to simply use it for their own purposes? Because I don't see them investing in any Fuel Cell Batteries (they are focused on gas turbines).

    It would be great to know what the deal is between MIN and Hazer for a start, and included in this what rights MIN would have to sell their hydrogen. Or vise versa, whether Hazer has any rights to sell their hydrogen?

    The fact that Twiggy has now got on the hydrogen train,you would think MIN might be wanting to explore hydrogen more than they did in 2017 when the heads of agreement was signed.
 
watchlist Created with Sketch. Add HZR (ASX) to my watchlist
(20min delay)
Last
42.0¢
Change
0.005(1.20%)
Mkt cap ! $65.58M
Open High Low Value Volume
41.5¢ 42.5¢ 40.0¢ $47.28K 113.7K

Buyers (Bids)

No. Vol. Price($)
1 97549 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.5¢ 29395 2
View Market Depth
Last trade - 12.39pm 04/12/2024 (20 minute delay) ?
HZR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.