By Rhiannon Hoyle

BlueScope Steel Ltd. signed a memorandum of understanding with Royal Dutch Shell PLC to develop hydrogen projects at its Port Kembla steelworks in Australia's New South Wales state.

BlueScope said Tuesday that the agreement comprises two projects: A pilot-scale renewable hydrogen electrolyzer and a hydrogen-supply infrastructure hub.

"Collaborations such as these are fundamental to accelerating progress towards a net-zero emissions future," Shell Australia Chairman Tony Nunan said in a statement.

By Rhiannon Hoyle at rhiannon.hoyle@wsj.com

(END) Dow Jones Newswires

December 06, 2021 17:20 ET (22:20 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
Bluescope Steel (ASX:BSL)
Historical Stock Chart
From Feb 2025 to Mar 2025 Click Here for more Bluescope Steel Charts.
Bluescope Steel (ASX:BSL)
Historical Stock Chart
From Mar 2024 to Mar 2025 Click Here for more Bluescope Steel Charts.