M Resources and Hazer Group Limited Announce Memorandum of Understanding on a low-cost decarbonisation solution for the Whyalla steelworks bid.
M Resources is pleased to announce that they have signed a Memorandum of Understanding with Hazer Group Limited, to jointly progress the bid to potentially acquire the Whyalla steelworks.
The agreement seeks to include a methane pyrolysis company in its proposal as part of its carbon abatement strategy.
M Resources and Hazer will progress the inclusion of the Hazer Process into the bid to acquire the steel works and its revitalisation into a lower carbon steel hub under the current process. Statement from Leadership:
M Resources Founder and President Matt Latimore said, “M Group is very pleased to further our relationship with the Hazer Group and advance the opportunity to contribute a differentiated carbon reduction strategy to for the Whyalla steelworks bid”.
“We are looking forward to a continued mutually beneficial partnership.”
