Hazer boosts commercial readiness with KBR design milestone and graphite offtake deal

An announcement from Hazer Group Ltd. ( (AU:HZR) ) is now available.

Hazer Group reported strong progress in the March 2026 quarter, highlighted by completion of a Process Design Package with global engineering partner KBR for a 30ktpa hydrogen and 120ktpa graphite plant, effectively turning the Hazer Process into a standardised, off-the-shelf technology for large-scale deployment. This milestone enhances the credibility and scalability of Hazer’s methane pyrolysis offering and positions it as a leading low-emissions hydrogen option for industrial clients.

The company advanced its graphite monetisation strategy by signing a non-binding offtake letter of intent and MOU with Green Steel WA for up to 85,000 tonnes of graphite over 10 years, priced against anthracite benchmarks, to support a planned low-emissions steel mill in Western Australia. Independent testing by Boral qualified Hazer graphite for use in concrete and asphalt, opening major infrastructure markets, while a solid $15.3m funding position and reduced cash burn underpin the expansion of Hazer’s commercial pipeline in Australia and overseas, including work on the FortisBC project in Canada.

The most recent analyst rating on (AU:HZR) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Hazer Group Ltd. stock, see the AU:HZR Stock Forecast page.

More about Hazer Group Ltd.

Hazer Group Ltd is an Australian clean-technology company focused on producing low-emissions hydrogen and high-purity graphite from natural gas via its proprietary methane pyrolysis Hazer Process. The company targets industrial customers seeking decarbonisation solutions, with applications across steelmaking, construction materials and broader infrastructure markets.

Average Trading Volume: 199,994

Technical Sentiment Signal: Sell

Current Market Cap: A$103.6M

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