CF Industries and POSCO have announced their collaboration in evaluating a groundbreaking clean ammonia project in the United States. This joint venture aims to produce low-carbon clean ammonia that will be imported to South Korea, enabling POSCO to contribute to the decarbonization efforts of its own and third-party coal-based power generation facilities. Moreover, POSCO has ambitious plans to convert this low-carbon clean ammonia into hydrogen, which will be utilized in gas-based power plants and the steel-making process. The completion of the FEED study is anticipated to occur in the latter half of 2024, paving the way for CF Industries and POSCO to make a final investment decision.
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