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๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Environment & Climate

POSCO Tests Commercial Viability of Hydrogen-Based HyREX Steelmaking with Australian Iron Ore

From Chosun Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement New plan
  • POSCO and BHP signed an agreement to test the commercial performance of POSCOโ€™s HyREX hydrogen-reduction steelmaking process.
  • POSCO will use BHP-supplied iron ore to assess HyREX under various raw-material conditions.
  • The process uses hydrogen instead of coal as the reducing agent in iron production.

POSCO is joining forces with Australian mining company BHP to test whether its HyREX hydrogen-reduction steelmaking process can work commercially.

The companies signed a cooperation agreement at Cheongsongdae in Nam-gu, Pohang, North Gyeongsang Province. Under the agreement, POSCO will use iron ore supplied by BHP to test HyREX under a range of raw-material conditions.

HyREX produces molten iron by using hydrogen as the reducing agent instead of coal. The partnership will focus on validating the processโ€™s commercial technology.

About this summary

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.