Hazer Signs LOI for 85,000 Tonnes of Graphite with Green Steel WA

Hazer’s Breakthrough in Graphite Offtake

Hazer Group Limited has taken a pivotal step in commercialising its innovative low-emissions technology by signing a non-binding Memorandum of Understanding and graphite offtake Letter of Intent with Green Steel of WA Collie Pty Ltd. This agreement, covering up to 85,000 tonnes of graphite over a decade, is set to supply the first low emissions steel mill in Collie, Western Australia, a project that aims to revolutionise steel production in the region.

The Collie Steel Mill, slated to begin construction in late 2026 with operations targeted for 2028, will be Western Australia’s first steel mill and the first new steel mill in Australia in over 30 years. It promises to produce sustainable steel rebar from recycled scrap steel, aligning with growing demand for cleaner industrial processes.

Strategic Importance of the Agreement

Hazer’s CEO Glenn Corrie emphasised the significance of this deal as a milestone in the company’s graphite monetisation strategy. Linking graphite pricing to the anthracite benchmark not only supports price discovery but also facilitates market development for Hazer’s graphite product. This is Hazer’s first commercial graphite offtake agreement with a steelmaking customer, validating the commercial potential of its patented Hazer Process, which produces hydrogen and high-purity graphite with low carbon emissions.

Green Steel of WA’s Executive Director Azlan Ho highlighted the synergy between Hazer’s technology and their vision for clean steelmaking. The collaboration is expected to further reduce emissions intensity beyond the already low levels planned for the Collie Steel Mill, reinforcing Western Australia’s position in the emerging clean steel industry.

Decarbonising Steel with Dual-Output Technology

The Hazer Process is notable for producing two valuable products simultaneously: low emissions hydrogen and high-purity graphite. For every tonne of hydrogen produced, approximately 3.5 tonnes of graphite are generated. This dual-output capability offers a compelling economic and environmental fit for steelmaking, where hydrogen can be used as a reductant and graphite as a recarburiser in electric arc furnaces, replacing traditional carbon sources like anthracite.

Given that steel production accounts for around 7% of global CO2 emissions, innovations like Hazer’s technology are critical in the industry’s decarbonisation efforts. The Collie Steel Mill project exemplifies how local manufacturing can integrate cutting-edge clean technologies to reduce emissions and support a circular steel economy.

Looking Ahead

While the agreement remains non-binding and subject to further graphite testing and contract finalisation, it sets a clear pathway for Hazer to scale its graphite production alongside hydrogen output. The supply is expected to commence in 2030, giving both parties time to mature the collaboration and secure government support. This deal also builds on Hazer’s recent partnerships with global players like POSCO and M Resources, reinforcing its role in the global steel decarbonisation landscape.