First Graphene Ltd (FGPHF)

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First Graphene and Hazer Group enter MOU to advance high-value graphite applications

First Graphene and Hazer Group have signed a nonbinding Memorandum of Understanding (MOU) under which they will collaborate to identify and assess applications where graphite produced via the proprietary Hazer® Process may offer technical and/or commercial advantages to First Graphene’s product lines.

The collaboration focuses on evaluating the suitability of Hazer graphite in First Graphene’s product development, aiming to support innovation and expand market opportunities for both parties. The parties intend to explore commercial options following assessment and testing in relation to supply and offtake agreements.

This collaboration comes amid growing global demand and tightening supply in graphite markets – particularly as critical mineral supply chains remain heavily concentrated in China. This collaboration highlights the strategic value of Hazer’s low-emission graphite co-product and its relevance to emerging advanced materials applications.

Hazer’s graphite marketing strategy targets high-volume markets complemented by penetration into high-value applications with potential for significant value upside. The Company is also working with Mitsui to secure markets and offtake channels for its co-product stream.

Hazer CEO, Glenn Corrie, said: “We are very pleased to partner with First Graphene, a leader in the development and commercialization of graphene technologies. This collaboration builds on our recent patent filings for our high-end battery purification process and opens up an exciting, potentially high-value market for our versatile graphite co-product. With graphite recognized as a critical mineral and graphene as a transformative material, this partnership strengthens our graphite marketing and offtake strategy.”

First Graphene's Managing Director and CEO Michael Bell said: “This collaboration brings two world-class organizations based in Western Australia together, with a focus on producing high value carbon-based materials that complement each other’s existing product portfolio... We’re excited to begin assessing and testing Hazer® Process graphite samples very soon to see if their materials have a place in our product line-up. Our collaboration could also open the door to more joint research and development opportunities as uptake of natural and synthetic carbon-based materials accelerates globally.”

https://www.graphene-info.com/first-graphene-and-hazer-group-enter-mou-advance-high-value-graphite