$HZR

Hazer Group has signed a Memorandum of Understanding (MoU) and a Letter of Intent (LOI) for graphite offtake with Green Steel of Western Australia. This partnership is set to enhance Hazer's position in the green steel and renewable energy sectors, leveraging its innovative hydrogen and graphite technology. The agreement signifies a commitment to sustainable practices in steel production, which may attract further investment in green technologies. The collaboration could lead to increased revenue streams and further development of Hazer's graphite production capabilities. Overall, this strategic alliance is likely to strengthen both Hazer and Green Steel's market positions.