Hazer posts stronger H1 FY26 as KBR alliance, graphite deals advance commercial push

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

Hazer Group Ltd reported a strong first half for FY26, highlighting operational progress and a solid funding position as it advances its clean hydrogen and graphite technology. The company ended the period with $17.2 million in funding, including $14.8 million in cash and $2.4 million in grant funds, while cutting operating costs by 27 percent and generating $1.5 million in revenue from R&D tax refunds and paid project studies.

Strategically, Hazer deepened its commercialisation efforts through a global marketing and licensing campaign run by KBR, securing their first joint project with UK-backed EnergyPathways and being selected in M Resources’ Whyalla clean steel bid. It also extended its partnership with POSCO and signed non-binding graphite agreements across multiple sectors, positioning the company to convert its growing pipeline into licence deals, advance projects toward final investment decisions and monetise graphite offtake as demand for low-emissions hydrogen and graphite accelerates.

The most recent analyst rating on (AU:HZR) stock is a Hold with a A$0.42 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 climate-technology company focused on commercialising a process that produces clean, cost-competitive hydrogen and high-quality graphite. Its technology uses natural gas or biogas as feedstock and iron ore as a catalyst, targeting industrial customers seeking to decarbonise while supplying low-emissions hydrogen and graphite into global energy and materials markets.

Average Trading Volume: 244,701

Technical Sentiment Signal: Sell

Current Market Cap: A$114.2M

Learn more about HZR stock on TipRanks’ Stock Analysis page.