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18 Feb
10:34

Posco, Hyundai Motor bond for hydrogen business

South Korea’s major steelmaker Posco has reached agreement with Hyundai Motor Group to cooperate in domestic and overseas hydrogen businesses. Both parties look for more opportunities as hydrogen is regarded as a possible new growth driver in future. Kallanish learns that Posco will gradually replace vehicles running at its two main steel plants, Pohang and Gwangyang, with 1,500 Hyundai Xcient trucks. They will also work together in fuel-cell power generatio…
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