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HAZER GROUP LIMITED — Capital/Financing Update 2017
Aug 27, 2017
65086_rns_2017-08-27_0a3ecd60-61c8-41d8-aa61-dd0e93ebb314.pdf
Capital/Financing Update
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Hazer Group Ltd Suite 7, 29 The Avenue, Nedlands, WA 6009 PO Box 1458, West Perth WA 6872
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HAZER PRODUCES 99.95% ULTRA-HIGH PURITY SYNTHETIC GRAPHITE
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high-value lithium-ion baVery market
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Results show iron (Fe) impurity levels to be less than 50 ppm, within specificaGon for the baVery industry
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New lithium-ion baVery-tesGng program launched in collaboraGon with The University of Sydney
PERTH, AUSTRALIA; MONDAY 28[th] AUGUST: Hazer Group Ltd (“Hazer” or “the Company”) (ASX:HZR, HZRO) is pleased to announce that ongoing laboratory test work in collaboraPon with The University of Sydney, has confirmed Hazer’s ability to produce 99.95% ultra-high purity synthePc graphite from graphite concentrate produced via the Hazer Process.
a high-quality alternaPve product within rapidly growing end-user markets where ultra-high purity levels are required, such as for use in lithium-ion baZeries.
reporPng in their June 2017 Global CommodiPes paper that synthePc graphite prices for baZery anodes are between US$12,000 – $20,000 per tonne.
“Today’s milestone also represents a step change in Hazer’s graphite development strategy that began in early 2016. Hazer has now successfully shown substanPal improvements in raw and purified graphite quality and demonstrates the ability to produce a range of different graphite products across the graphite value chain.
This approach has remained a core strategic focus and risk miPgaPon strategy, as Hazer’s vision is to cost effecPvely produce graphite with varying purity specificaPons that can penetrate mulPple verPcals across the enPre graphite sector.”
prepared using Hazer’s laboratory-scale Fluidised Bed Reactor. A two-stage chemical purificaPon process then resulted in an ultra-high purity level product of 99.95% Total Graphite ConcentraPon (TGC).
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graphite product to be directly comparable to commercial graphite benchmarks currently uPlised in lithium baZery applicaPons.
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(Figure 1) Thermogravimetric Analysis (TGA) is a process where carbon elements are burnt off to reveal the weight of metallic impuri>es, which provides an indica>on of the level of impuri>es in the product.
External validaPon of these results was carried out at the InducPvely Coupled Plasma Laboratory based at the University of New South Wales. This laboratory independently verified the TGC purity of the material with iron (Fe), Copper (Cu), Aluminium (Al), Silicon (Si) and Magnesium (Mg) impurity levels to be less than 50 ppm each. These low levels of impuriPes have been previously reported to be within an acceptable range for commercial baZery applicaPons.
(Figure 2) Independent laser abla>on induc>vely coupled plasma mass spectrometry (LA-ICP-MS) results, a highly sensi>ve analy>cal technology for confirma>on of metals and non-metal impuri>es.
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Newly Launched Lithium-ion BaVery-TesGng Program
pleased to announce that it has embarked on a new baZery-tesPng program with small-scale Lithium-ion baZeries using the group’s 99.95% ultra-high purity graphite as the acPve material.
In collaboraPon with The University of Sydney, total discharge capacity, cycle rate capability and cycle life analysis will compare Hazers’ 99.95% synthePc graphite performance against various commercial samples of graphite (including spherical coated natural graphite) concurrently assembled into reference coin cells.
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(Figure 3) Hazer’s baPery analysis equipment within the University of Sydney will leverage cycle rate capability analysis to compare the company’s 99.95% synthe>c graphite performance against various commercial types of graphite.
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demonstrated the ability to produce a range of different concentrates across the graphite value chain. These exciPng progressions indicate potenPal within the wider, mulPbillion-dollar graphite market, where huge demand exists for other applicaPons of graphite, such as steel and lubricants.
As the company increases focus towards commercial opportuniPes, Hazer is working towards producing further samples of graphite with various specificaPons for 3[rd] parPes to assess the value and potenPal market opportuniPes. The company is also taking steps towards sending raw samples to external parPes to purify using exisPng lager scale techniques.
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ABOUT HAZER GROUP LTD
Hazer Group Limited (“Hazer” or “The Company”) is an ASX-listed technology development company undertaking the commercialisa>on of the Hazer Process, a low-emission hydrogen and graphite produc>on process. The Hazer Process enables the effec>ve conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst.
For further informa>on, investor or media enquiries, please contact:
Michael Wills – Hazer Group
Email: [email protected] Phone: 0468 385 208
Hazer Group Limited - Social Media Policy
Hazer Group Limited is commiPed to communica>ng with the investment community through all available channels. Whilst ASX remains the prime channel for market sensi>ve news, investors and other interested par>es are encouraged to follow Hazer on TwiPer (@hazergroupltd), LinkedIn, Google+ and Youtube.
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