Baowu Magnesium introduces the future application scenarios and planned production capacity of magnesium-based solid-state hydrogen storage

Baowu Magnesium introduced the future application scenarios and planned production capacity of magnesium-based solid-state hydrogen storage in the investor activity record. The company said that the change from liquid and gaseous hydrogen storage to magnesium-based solid-state hydrogen storage has greatly improved safety and greatly reduced hydrogen storage costs. Application scenarios include solid-state hydrogen storage tanks, hydrogen fuel cells, hydrogen storage and transportation, etc. In 2024, the company will work closely with several leading domestic companies that use hydrogen energy and solid-state hydrogen storage to meet their needs.