Hazer Signs Graphite Offtake LOI to Support Low-Emissions Steel Manufacturing

Why It Matters

The deal secures a domestic low‑carbon feedstock, accelerating decarbonisation of Australian steel and validating Hazer’s graphite monetisation strategy.

Key Takeaways

• Up to 85,000 t graphite over ten years.
• Graphite replaces anthracite in electric arc furnace.
• Supply starts 2030 from Hazer’s future plant.
• Supports Western Australia’s first new steel mill.
• Validates Hazer’s carbon‑free hydrogen‑graphite process.

Pulse Analysis

Australia’s steel sector is under pressure to cut emissions, and the industry is turning to alternative carbon sources for electric‑arc furnaces. Hazer Group’s proprietary process converts natural gas into hydrogen and high‑purity graphite without generating carbon dioxide, creating a by‑product that can serve as a clean recarburiser. By offering a locally produced, carbon‑neutral alternative to anthracite, Hazer positions itself at the intersection of green hydrogen and advanced materials, two fast‑growing markets driven by climate‑focused policy and investment.

The recent LOI with Green Steel WA Collie outlines a potential supply of 8,500 tonnes of graphite per year, priced against the anthracite benchmark. While non‑binding, the agreement signals confidence from a steelmaker that is building Western Australia’s first new steel mill in over 30 years. The Collie project, slated to start construction in late 2026 with operations by 2028, will test Hazer’s graphite as a recarburiser, potentially lowering the mill’s emissions intensity and reducing reliance on imported carbon materials. Early offtake commitments also help Hazer establish market pricing and scale its future production facilities.

Beyond the Collie partnership, the deal illustrates a broader shift toward integrated decarbonisation pathways in heavy industry. Domestic graphite supply could stimulate a nascent Australian market, encouraging downstream applications in batteries, lubricants, and refractory products. For Hazer, securing a steel‑grade customer validates its commercial strategy and opens doors to additional offtake agreements worldwide. As governments tighten carbon regulations, such collaborations are likely to become a cornerstone of the low‑emissions steel value chain, offering investors a clear signal of emerging revenue streams.