Hazer Group Received R&D Tax Refund
The Australian company secured A$2.3 million to support its commercialisation of hydrogen production technology.
Updated on Oct. 15, 2026 in Chemistry
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Hazer Group has received an A$2.3 million research and development tax incentive refund from the Australian Federal Government. The funding covers eligible expenditure from the 2026 financial year and provides non-dilutive capital for the firm.
Why it matters
This capital influx supports the company's ongoing strategy to scale its proprietary methane pyrolysis process. The funding allows Hazer Group to continue developing its technology without diluting current shareholder equity.
The firm utilises a methane pyrolysis process, which uses natural gas or biogas feedstock and an iron-ore catalyst. This method produces both hydrogen and graphite as outputs.
The players
Hazer Group
This Australian technology company specialises in developing a methane pyrolysis process to produce hydrogen and graphite.
Australian Federal Government
This national authority manages the R&D Tax Incentive programme that provides financial support to qualifying research organisations.
The details
The refund was processed through the Australian Federal Government's R&D Tax Incentive programme for work conducted during the 2026 financial year. The company expects to receive a further A$0.3 million in related tax benefits before the end of this quarter.
Timeline
The eligible research and development expenditure occurred throughout the 2026 financial year.
Hazer Group announced the receipt of the tax refund on 14 October 2026.
An additional A$0.3 million refund is expected during Q4 2026.
The Big Picture
This financial support aligns with the Australian Federal Government's R&D Tax Incentive program, which is designed to foster local industrial innovation. By providing non-dilutive capital, the initiative helps firms bridge the gap between experimental chemistry and commercial viability.
The success of this pyrolysis technology could eventually provide a cheaper, cleaner source of hydrogen fuel for Australian industries. This commercialisation effort represents a shift toward more sustainable chemical production methods using local natural gas reserves.
The takeaway
Securing government tax incentives serves as a vital financial pillar for capital-intensive R&D projects. Companies that effectively utilise these programmes can successfully scale complex industrial processes while preserving value for shareholders.
What happens next
The company expects to receive an additional A$0.3 million refund by the end of the fourth quarter of 2026.
Further reading
Learn more about local innovations in Chemistry.
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