Hazer Group has locked in a binding MOU with South Australia's Hallett Group to integrate its graphite into low-emissions concrete, reinforcing its regional decarbonisation foothold.
- Binding MOU with Hallett for graphite in low-emissions concrete
- Exclusive use rights in South Australian concrete market until 2027
- Builds on Boral Labs’ qualification of Hazer Graphite
- Supported by South Australian Government and regional decarbonisation projects
- Strengthens ties with Whyalla steelworks bid and infrastructure initiatives
Exclusive Graphite Use in South Australia’s Concrete Market
Hazer Group (ASX:HZR) has taken a significant step to embed its graphite product within South Australia’s construction sector by signing a binding Memorandum of Understanding (MOU) with Hallett Group, the state’s largest integrated supplier of building, construction, and mining materials. The agreement grants Hallett exclusive rights to use Hazer Graphite in the South Australian concrete market until 1 January 2027, with a subsequent 12-month window for first offer negotiations.
Building on Proven Product Credentials
This partnership follows Boral Labs’ independent qualification of Hazer Graphite earlier this year, which confirmed compliance with Australian and international standards for concrete applications. The testing also highlighted potential performance benefits in low-emissions concrete, aligning well with Hallett’s strategic focus on sustainable cement and building materials. Hallett’s ongoing A$200 million Green Cement Transformation Project in Port Augusta aims to establish low-carbon cement production, complementing the integration of Hazer’s graphite product.
Strategic Positioning Amid South Australia’s Decarbonisation Drive
Hazer’s CEO Glenn Corrie emphasised the strategic nature of the collaboration, noting Hallett’s deep market presence and commitment to industrial decarbonisation. The partnership is backed by the Government of South Australia, which has facilitated introductions contributing to this alliance. This deal strengthens Hazer’s foothold in the region alongside emerging steel, construction, and infrastructure initiatives, including its participation in M Resources’ bid to acquire the Whyalla steelworks, a project that recently advanced to the final shortlist stage.
Commercial Pathways and Future Prospects
Under the MOU, Hallett will leverage its R&D capabilities to integrate Hazer Graphite into low-emissions concrete and explore other potential applications. Both parties have agreed to progress commercial discussions around graphite offtake following the testing phase. While the exclusivity period is limited, the arrangement positions Hazer to tap into South Australia’s growing demand for sustainable construction materials, supported by government-backed decarbonisation projects.
Regional Industrial Synergies and Market Expansion
Hallett CEO Kane Salisbury highlighted the company’s longstanding role in supporting the Upper Spencer Gulf’s industrial base, including the Whyalla steelworks and mining sectors. The collaboration with Hazer is expected to help meet the region’s increasing appetite for low-carbon concrete products. This deal adds to Hazer’s expanding portfolio of graphite offtake agreements and technological partnerships, reinforcing its position in the Australian materials and decarbonisation landscape.
Bottom Line?
Hazer’s exclusive South Australian graphite deal with Hallett positions it well to capitalise on regional decarbonisation trends, though commercial success hinges on forthcoming testing and negotiations.
Questions in the middle?
- Will Hallett’s integration of Hazer Graphite scale beyond initial concrete applications?
- How will the exclusivity period influence Hazer’s broader commercial graphite strategy?
- What impact will the Whyalla steelworks bid outcome have on Hazer’s regional growth?