Hazer Group (ASX:HZR) said it secured funding of AU$15.5 million as of Dec. 31, 2024, including AU$9.3 million of available cash, according to a Tuesday filing with the Australian bourse.
The company was awarded a AU$6.2 million grant from the government of Western Australia under the Lower Carbon Grants Program - Gorgon Fund. It also received a research and development tax incentive refund of AU$5.1 million during the fiscal year 2024.
It completed its commercial demonstration plant and reactor test program during the period, reaching over 450 hours of stable, continuous operation.
The firm, its commercial partners, and potential offtakers are evaluating the graphite produced for use in high-volume, high-confidence market applications.
It said it is engaging with and in talks with potential customers and strategic partners, particularly in Australia, North America, and Asia.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。