Posco’s Green Hydrogen Revolution in Australia
According to the article posted on Energy News,
- Posco, a South Korean steelmaker, plans to invest $40 billion in Australia’s green hydrogen industry.
- The investment aims to produce low-emission hot briquetted iron (HBI) using green hydrogen and iron ore.
- Australia’s government has provided over $500 million to support the development of hydrogen hubs in regional areas.
Interestingly, we have some other posts related to this content:
World’s Largest Green Hydrogen Plant to be Built by POSCO in Oman: POSCO Group leads a consortium securing a $6.7 billion deal to construct a carbon-neutral steel plant using green hydrogen in Duqm, Oman.
