Australia’s Hazer Group and Mitsui & Co. will continue to explore potential markets for Hazer’s graphite produced from its methane pyrolysis hydrogen technology.
The pair have extended a non-binding Memorandum of Understanding (MoU), originally signed in 2022, where the pair agreed to conduct market surveys of applications for the graphite in steelmaking and chemicals industries through Mitsui’s network.
Extended by 12 months until November 15, 2025, the pair will now explore production evaluation, with testing of larger samples from Hazer’s demonstration plant in Perth, as well as conversations with prospective offtakers.
Produced through the HAZER® process, which uses natural gas and unprocessed iron feedstocks, the methane pyrolysis technology breaks down methane into hydrogen and solid carbon (graphite).
Hazer said, initial market analysis with Mitsui identified potential applications for the graphite in steel and iron manufacturing, thermal energy storage, water purification and other uses in asphalt, bitumen and concrete.
“We are excited to be extending our strategic partnership with Mitsui,” said Glenn Corie, Hazer CEO and Managing Director.
“Hazer’s technology is unique in that it produces both low-cost, clean hydrogen as well as a low-emissions graphite product.
“In light of increased global awareness around the vulnerability of critical mineral supply chains, this is a clear value differentiator for Hazer’s technology in the methane pyrolysis space.”
Hazer achieved its first hydrogen and graphite production at its Perth demonstration plant earlier this year and has subsequently signed a binding project development agreement with FortisBC Energy to develop a plant in British Columbia, Canada.
Read more: Hazer eyes Canadian methane pyrolysis plant after reaching 100 hours of operation
If built, the plant could produce up to 2,500 tonnes of hydrogen and 9,500 tonnes of graphite per year.
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