South Korea has approved the site for POSCO’s hydrogen-based DRI plant
In Ukraine, GMK Center reported that South Korean authorities have finally approved the site for POSCO’s project to build a hydrogen-based steel complex in Pohang.
South Korea’s Ministry of Land, Infrastructure, and Transport has approved amendments to the Pohang National Industrial Complex plan, paving the way for the creation of a special industrial zone near the company’s existing steel plant, according to the report.
This involves creating a separate 1.34 million-square-meter site by reclaiming coastal land. Under the approved project, the site, which previously had no industrial designation, will be transformed into an exclusive industrial zone. It is expected to become part of a complex that will combine metallurgical and energy infrastructure, the report added.
According to POSCO, this is the location where its hydrogen-based steel production project will be implemented, specifically where the HyREX pilot facility will be located. The technology involves producing molten pig iron by reducing fine iron ore with hydrogen, followed by smelting in an electric furnace. The company plans to commission the pilot plant by 2028 with an annual capacity of 300,000 tons.
Category: Hydrogen
