BHP and Posco to trial hydrogen in steelmaking
The two firms will trial direct reduction technology as part of wider suite of decarbonisation measures
Mining and metals firm BHP and South Korean steelmaker Posco are to undertake trials to use hydrogen-based direct reduction technology to reduce the carbon intensity of the steelmaking process. The firms will also investigate optimising coke quality and assessing carbon capture storage and utilisation options, as well as the use of biomass and offsets. Hydrogen direct reduction converts pre-heated iron ore into direct reduced iron (DRI) by using hydrogen as a reducing agent and energy source. DRI can be fed into an electric arc furnace to produce steel. Studies by Lund university in Sweden have shown that the steel produced can be competitive with that manufactured using conventional methods
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory