Korean steelmaker Posco to invest $22bn in clean steel and blue hydrogen by 2030

The company plans to spend $14.6bn on a new H2 steel facility in Pohang

Finance minister (and deputy prime minister) Choi Sang-mok (centre) poses with Posco staff at a visit to the company's Pohang Steelworks last week. The banner reads: "Materials that open the future, innovations towards world-class status, Posco and the government will work together". — Finance minister (and deputy prime minister) Choi Sang-mok (centre) poses with Posco staff at a visit to the company's Pohang Steelworks last week. The banner reads: "Materials that open the future, innovations towards world-class status, Posco and the government will work together".Photo: Ministry of Economy and Finance, South Korea

Leigh Collins

Editor, Hydrogen Insight

Published 19 October 2024, 06:56Updated 19 October 2024, 06:56

Blue H2 South Korea Posco