HazerGroup Ltd was incorporated in 2010 as a specialist commercialisation company for the development of the Hazer Process – a novel hydrogen and graphite production process developed by researchers at the University of Western Australia (UWA).
On December 2nd 2015, Hazer Group successfully listed on the Australian Stock Exchange (ASX). Since listing, Hazer has made continual steps forward in commercialising the Hazer Process. In early 2016 the company announced a commercialisation collaboration with the University of Sydney which has accelerated initial commercialisation plans.
The research project that now underpins the Hazer Process was initially developed at UWA over several years, with funding supplied from the Australian Research Council and industry partners including Wesfarmers Limited. After the process’ demonstrated initial success, HazerGroup Ltd (initially called Hazer Pty Ltd) was established in 2010 to commercialise the technology.
On its formation, Hazer Pty Ltd secured seed capital to undertake further commercial development of the technology. It secured further capital in 2014, for additional working capital and corporate development costs. In May 2015, Hazer became a public company and changed its name to HazerGroup Limited.