Korea seeks to secure an overseas hydrogen production base

Korea is seeking to consolidate its hydrogen supply chain by securing an overseas production base.

According to the Australia-Korea Business Council, Australia is one of six candidate countries including the US and Saudi Arabia.

The Korean Ministry of Trade, Industry and Energy will conduct feasibility studies and verification of hydrogen technologies in each location.

Following the selection of a host country, private companies will be invited to propose projects and demonstrate their commercial viability.

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