BHP, POSCO to jointly research hydrogen-based direct reduction technology in steelmaking

BHP and POSCO have signed a new agreement to decarbonise the steelmaking industry with the two groups set to share research on several zero-carbon technologies such as hydrogen.

With a memorandum of understanding signed (MoU), the parties will share research on several zero-carbon technologies which includes the use of hydrogen-based direct reduction technology.

Read more: Tata Steel chooses hydrogen to produce steel in the Netherlands
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HYBRIT technology delivers the world’s first fossil-free steel to Volvo Group

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