Update on HazerGroup's Commercial Demonstration Plant

Hazer Group Ltd (ASX: $HZR) has achieved a significant milestone with 100 hours of hot operation at its Commercial Demonstration Plant (CDP). The production of hydrogen and graphite has been in line with the test program expectations, demonstrating the scalability of the Hazer technology.

Executive Commentary on Milestone Achievement

Hazer CEO Glenn Corrie expressed, 'I am delighted to announce this significant achievement by the Company and the team. 100 hours of hot operation is a major derisking proof-point for Hazer technology and demonstrates our first-of-a-kind technology is performing in accordance with our expectations. The skills and expertise behind this successful test run have been built for over a decade and we have achieved a milestone that continues to highlight the commercialisation of the Hazer process and supports our growth strategy globally.'

Summary of Achievement and Future Outlook

Hazer Group has successfully achieved 100 hours of hot operation at its Commercial Demonstration Plant, showcasing the scalability and robustness of its technology. The company's performance test program aims to demonstrate the commercial readiness of Hazer's technology, enabling progressive advancement in opportunities with commercial and corporate partners. The next stages of the performance test plan will focus on repeatability and further extended operation to support next scale commercial designs. Hazer's CEO, Glenn Corrie, highlighted the milestone as a significant derisking proof-point for the company's technology, emphasizing its alignment with their growth strategy globally.