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Hydrogen Could Replace Coking Coal in Two Decades, South32 Says

  • Australian miner won’t make new metallurgical coal investments
  • CEO looking to North America to expand base metals portfolio

Coking coal may have only two more decades in the steel-making process before green alternatives such as hydrogen replace it, according to Australian coal and metals miner South32 Ltd. 

“Beyond the next couple of decades, there will be innovations that occur in the steel space --particularly in green hydrogen -- that we think will change medium to long-term the dynamic on” metallurgical coal, South32’s Chief Executive Officer Graham Kerr said in a Bloomberg Television interview on Thursday.