WA based tech-group Hazer has been granted its second innovation patent, calling it – ‘A process for producing hydrogen and graphite from natural gases.’
Hazer is working on using several techniques to the Hazer Process, which enables the effective conversion of natural gas and methane into hydrogen and high-quality graphite.
Using iron ore as the main catalyst, this technique produces a cleaner and more economic hydrogen with a 50 per cent reduction in fossil fuels.
“We are very pleased to receive the certification of this innovation patent and the continued progress of our intellectual property strategy,” Chief Executive Officer of Hazer Mr. Geoff Wards said.
HZR is in the process of producing a low cost, high-quality synthetic graphite to be used in a wide range of products and applications.
Hazer’s products are also environmentally clean which sets them apart from their competitors.
Other patents remain ongoing and are continuing to be pursued by the normal timeline and procedures.
Please find announcement attached: https://hotcopper.com.au/data/pricesensitive/announcements/ASX/6A925508_HZR.html