Australia Korea Business Council | News
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On the 27th of Feb, POSCO signed a long-term contract to acquire a 9.5 percent stake in Pilbara Minerals, an Australian mining company, and purchase 240,000 tons of lithium concentrates per year. The multi-pronged agreement includes: binding off-take from Stage 2 5Mtpa Pilgangoora operation an immediate A$79.6M direct equity investment into...

Seoul Career Vision is the biggest Job Fair hosted by Ministry of Employment and Labor of the Korean government. KOTRA, a South Korean Government Agency established in 1962 and located in 86 countries with 127 offices, is supporting trade and investment activities along with exchanging HR in overseas countries. From the past...

The Korean Embassy in Canberra is currently looking for an energy and infrastructure researcher to join their team in Canberra.   Applicants must have a good command of both English and Korean.   More information can be found here.  ...

Australian Mines Limited has announced that the Company has signed an off-take agreement with SK Innovation for 100% of the expected cobalt sulphate and nickel sulphate production from the Sconi Project for an initial period of 7 years, with an option exercisable by SK Innovation to extend this commodity supply agreement for a further...

AKBC members and guests were invited by Melbourne Victory to watch the first game of the AFC Champions League between Melbourne Victory vs Ulsan Hyundai in the comfort of a corporate suite. The match was played on Wednesday 13 Feburary at AAMI Park and was an exciting game that resulted in a...

The Victorian Government Hamer Scholarships Program is a language and cultural immersion program designed to build the Asia-engagement capabilities of Victorians and to help strengthen cultural awareness and partnerships between Victoria and Asia. The program provides scholarships for Victorians to undertake intensive language study at nominated universities or institutions in...

On Monday 5 February, AKBC members and guests joined Governor An Hee-jung for a roundtable to discuss the importance of Australia and Korea's trade and investment relationship. Governor An is an influential figure in Korean politics. He is consistently rated as the most popular governor in the ROK in public polling...

The Australia-Korea Foundation (AKF) seeks to strengthen the Australia-Korea relationship in ways that enhance mutual understanding and people-to-people links. The objectives of the AKF are to: increase public awareness of Australian in Korea, and of Korea in Australia, and the importance of the bilateral relationship develop partnerships in areas of shared interest...

Korea’s online retail market has been expanding at a rate of around 15 percent a year and in 2016, online shopping accounted for A$74.7 billion, making it the third largest e-commerce market in the Asia-Pacific region, after China and Japan. Popular Korean e-commerce platforms include “G-Market”, “11th Street” and “Coupang”. The growth in e-commerce...