Input costs and assumptions
Costs of hydrogen estimated for POSCO Pohang site in Korea and Geraldton in Australia (AUS$2/kg production tax credit applied) and represent a levelized cost with a late 2020s to 2050 project timeline. Hydrogen projects use a mix of pipeline and canister storage and grid connection. Metallics are all purchased at market price. Blast furnaces are relined in 2035 and use 75% sinter, 25% lump.
Source: RMI Analysis
