Collaboration to Drive Innovation in Green Hydrogen Production

Australian green hydrogen producer Hysata has entered into agreements with South Korean steel giant POSCO and its subsidiary POSCO Eco & Challenge to jointly develop advanced electrolyser technology for green hydrogen production. This strategic partnership signifies a significant step towards reducing carbon emissions in the steel industry through the adoption of clean energy sources.

Under these joint development agreements, the companies will pool their technical expertise to innovate materials and systems for electrolysers. This collaboration aims to accelerate the commercialization of Hysata's cutting-edge technology, paving the way for a more sustainable energy future.

The partnership follows earlier investments by POSCO and POSCO Eco & Challenge in Hysata's Series B funding round, reflecting their confidence in the potential of green hydrogen technology.