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Australia-Korea Business Council, Melbourne (2025)

12/11/2025

📢 𝗡𝗘𝗪𝗦 📢

POSCO has signed a $1.2 billion deal with Mineral Resources (MinRes) to acquire a 30% stake in MinRes’ lithium projects valued at $3.9 billion.

The partnership will strengthen the battery supply chain between Australia and Korea, reinforcing the fantastic bilateral trade relationship. MinRes will retain a 70% stake and continue operating the mines, while POSCO will secure lithium concentrate for processing in Korea.

🇦🇺 🇰🇷 POSCO is a member of the Australia–Korea Business Council (AKBC).

Read more below 👇
https://www.afr.com/companies/mining/minres-inks-1-2b-lithium-deal-with-korea-s-posco-20251112-p5nerm

📩 Did you know AKBC has a dedicated Critical Minerals Industry Group? Email [email protected] to find out more about how you can become a part of this exclusive group.

07/11/2025

📢 EVENT 📢

Following the success of the the two Member Meet-Up in Brisbane and Melbourne, we are excited to bring our business community in New South Wales back together at our first 𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮-𝗞𝗼𝗿𝗲𝗮 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗖𝗼𝘂𝗻𝗰𝗶𝗹 (𝗔𝗞𝗕𝗖) 𝗠𝗲𝗺𝗯𝗲𝗿 𝗠𝗲𝗲𝘁-𝗨𝗽 𝗶𝗻 Sydney with the support of an AKBC Member, A&O Shearman. This will be an informal gathering designed to strengthen our member community in Sydney and provide a relaxed setting for networking and collaboration. ⁠

This new series of member-focused event creates regular opportunities for meaningful engagement for our AKBC community.⁠ ⁠

Event Details:⁠
📅 Date: Thursday, 20 November 2025, 5.00 PM AEDT start, with the event concluding at 7.00 PM AEDT
📍 Location: A&O Shearman Sydney, Level 15, 33 Alfred Street, Sydney, 2000
💡 Price: FREE for AKBC Members | $30 + GST for non-members ⁠

This is a great opportunity to reconnect with colleagues, meet new members, and share insights in a casual environment. For those who have been waiting after seeing the success and energy of the Brisbane and Melbourne Member Meet-Up, your moment has arrived! ⁠

Please register by COB Friday 14 November 2025 to secure your spot.

👉 Spots are limited so register now: https://akbc.glueup.com/event/akbc-sydney-member-meet-up-159717/

06/11/2025

Thank you to everyone who joined us at the Australia-South Korea Strategic Insights with Ambassador H.E. Jeff Robinson in Melbourne. 🇦🇺🇰🇷

Yesterday, we hosted the Australia-South Korea Strategic Insights with Ambassador H.E. Jeff Robinson at the Melbourne office of AKBC member, Harmony Agriculture & Food Company. This private roundtable, limited to 15 participants, brought together key AKBC members and stakeholders in Victoria in an intimate setting to continue the important dialogue on shaping and strengthening the Australia–Korea relationship.

The attendees included representatives from DFAT and AKBC member organisations, including Hanwha Defence Australia, Monash University, Thiess, Dragoman, ANZ, Samsung C&T and Global Victoria.

Some of the key takeaways from the discussion included:
✅ The main challenge for the Australia–Korea relationship is the need to increase awareness of the synergies and opportunities that exist between the two countries.
✅ Koreans are looking to diversify international trading partners.
✅ There are growing opportunities across new sectors, including AI, data centres, tourism and Korean "soft power."
✅ There has never been a better time to deepen and broaden Australia-Korea relationship.

A special thank you to Anthony Fellows, CEO, Harmony Agriculture & Food Company for hosting us. We extend our thanks to all our attendees for contributing to an engaging and insightful discussion.

📩 Follow us, or sign up for our monthly eNewsletter to stay up-to-date on news in the Australia-Korea corridor 👉 https://akbc.glueup.com/org/akbc/subscriptions/

05/11/2025

Thank you to everyone who joined us at the Australia-South Korea Strategic Insights with Ambassador H.E. Jeff Robinson in Perth! 🇦🇺🇰🇷

On Monday, 3 November, we hosted the Australia-South Korea Strategic Insights with Ambassador H.E. Jeff Robinson at the Perth office of AKBC member, PwC Australia. This sold-out forum welcomed 60 attendees who heard insights directly from the Australian Ambassador to the Republic of Korea, H.E. Jeff Robinson.

We were honoured to have in attendance Hon David Michael MLA, Minister for Mines and Petroleum; Hon Dan Caddy MLC, Parliamentary Secretary to the Attorney General, Minister for Commerce; and Fay Duda, Honorary Consul of the Republic of Korea at this briefing.

Some of the key takeaways from the Ambassador were:
✅ Korea’s industrialisation and rise in living standards illustrate the long-term benefits of sustained partnerships.
✅ Australia and Korea’s economic relationship is stable and complementary, built on shared interests rather than short-term objectives.
✅ There is scope to broaden cooperation in technology, renewable energy, and infrastructure investment.
✅ Continued visibility and commitment from both sides are needed to strengthen future collaboration.

A special thank you to Paul Kelly, Head of WA Memberships and Business Development at AKBC for being the MC for this event and to all the AKBC Members, Board Directors and Members of the AKBC Industry Experts Panel for contributing to a successful event.

📩 Follow us, or sign up for our monthly eNewsletter to stay up-to-date on news in the Australia-Korea corridor 👉 https://akbc.glueup.com/org/akbc/subscriptions/

30/10/2025

📢 𝗡𝗘𝗪𝗦 📢

🤝 BHP and POSCO will work together to progress ‘near zero emissions’ ironmaking technology under an MoU signed yesterday, advancing POSCO’s hydrogen reduction ironmaking technology (HyREX).

This partnership marks another major step toward decarbonising the steel industry, unlocking multiple pathways to reduce emissions and continuing the long-standing collaboration between BHP and POSCO in ironmaking.

Read more below 👇

https://www.bhp.com/news/media-centre/releases/2025/10/bhp-and-posco-partner-to-advance-hydrogen-based-ironmaking-technology
https://www.asiae.co.kr/en/article/2025103015261874644 #:~:text=According%20to%20POSCO%20Holdings%20on%20October%2030%2C%20Prime,on%20%27HyREX%27%2C%20POSCO%27s%20proprietary%20hydrogen%20reduction%20steelmaking%20technology

🇦🇺 🇰🇷 Both POSCO and BHP are proud members of the Australia–Korea Business Council (AKBC).

📩 Follow us, or sign up for our monthly eNewsletter to stay up-to-date on news in the Australia-Korea corridor 👉 https://akbc.glueup.com/org/akbc/subscriptions/

30/10/2025

🌏 All Eyes on Korea: APEC 2025 Kicks Off in Gyeongju 🇦🇺🇰🇷

World leaders are gathering in Gyeongju this week for the 2025 Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting, held under the theme “Building a Sustainable Tomorrow: Connect. Innovate. Prosper.”

Prime Minister Anthony Albanese will meet with President Lee Jae-myung of the Republic of Korea tomorrow to reaffirm the strong and growing strategic partnership between Australia and Korea — built on shared commitments to regional stability, economic security, and sustainable growth.

In the lead-up to APEC, the Australia–Korea Business Council (AKBC) and the Australian Chamber of Commerce in Korea (AustCham Korea) co-signed a joint letter to the Prime Minister ahead of his visit, emphasising the importance of sustained high-level engagement with Korea. The Australia-Korea partnership is among the Indo-Pacific’s most dynamic, anchored in shared democratic values, amicable history and complementary economic strengths. As both advance net zero targets and inclusive growth, aligned clean energy, infrastructure, and technology cooperation will deliver resilience and prosperity for decades.

Founded in 1989, APEC brings together 21 member economies representing over 50% of global GDP and 40% of the world’s population. The forum continues to play a crucial role in driving regional and global prosperity.

As APEC unfolds in Gyeongju, AKBC remains committed to strengthening the Australia–Korea relationship by connecting business, government, and industry to support trade, investment, and sustainable development across the Asia–Pacific.

Read more below 👇
https://www.smh.com.au/world/asia/albanese-dines-with-trump-and-other-leaders-as-xi-meeting-awaits-20251029-p5n6cb.html

📩 Follow us, or sign up for our monthly eNewsletter to stay up-to-date on news in the Australia-Korea corridor 👉 https://akbc.glueup.com/org/akbc/subscriptions/

29/10/2025

On Tuesday, 28 October, Liz Griffin, CEO, Australia–Korea Business Council, the Members of the AKBC Board Directors, Bill Paterson PSM and Graham Dodds, and AKBC Member, Damian Dwyer, Director, External Affairs, Low Emission Technology Australia, attended the celebration of the National Foundation Day and Armed Forces Day in Canberra, hosted by the Mr Jimin Kim, Chargé d'Affaires a.i. of the Republic of Korea, Embassy of the Republic of Korea in Australia. 🇦🇺🇰🇷

National Foundation Day, held annual on 3 October, is a national holiday in Korea, commemorating the foundation of the first Korean kingdom in 2333 BCE. Armed Forces Day, held annually on 1 October, is a day commemorating the recapture of the 38th parallel by Korean forces in 1950 during the Korean War and honouring the service and sacrifice of Korea’s military.

The event brought together government representatives and the Korean business community in Australia to commemorate Korea’s history, resilience and ongoing commitment to peace and security. Distinguished guests at this event included Hon. Peter Khalil MP, Assistant Minister for Defence, and Katherine McMahon, CEO, National Museum Australia.

This event also featured vibrant cultural performance, including a dynamic dance performance to ‘Golden’ from K-Pop Demon Hunters, reflecting the strong influence and popularity of K-culture in Australia. Showing the growing footprint of K-culture in Australia, the National Museum of Australia will also be hosting the 'Hallyu' exhibition starting on Friday, 12 December. Read more below. 👇
https://www.nma.gov.au/hallyu

AKBC was proud to join our Korean stakeholders in celebrating this important occasion. The two countries will continue to strengthen cooperation across key priority sectors including defence and security to advance cooperation and industry partnerships.

We thank the Embassy of the Republic of Korea in Australia for hosting such a meaningful event.

📷 (L→R) Joon Heo, Senior Adviser - Energy and Infrastructure , Embassy of the Republic of Korea in Australia; Liz Griffin, CEO, AKBC; Mr Byung-Ki Park, Counsellor, Embassy of the Republic of Korea in Australia; Damian Dwyer, Director - External Affairs, Low Emission Technology Australia; Peter Newton, DFAT

📩 Follow us, or sign up for our monthly eNewsletter to stay up-to-date on news in the Australia-Korea corridor 👉 https://akbc.glueup.com/org/akbc/subscriptions/

27/10/2025

Following the AKBC KOFIA Financial Services and Investment Forum in Sydney, the KOFIA delegation participated in a site visit to Scape Australia, one of the country’s leading Purpose Built Student Accommodation (PBSA) providers.

AKBC Head of Industry Groups Jenny Kang and AKBC Industry Experts Panel member Cecilia Heejung Lim also joined the visit, accompanying the Korean delegation for the tour and presentation. The visit underscored the growing partnership between Australia and Korea in the real estate and living sectors, supported by the National Pension Service of Korea (NPS) — the world’s third largest pension fund.

Since 2020, NPS has invested a total of A$1 billion in Scape Australia, comprising an initial A$300 million commitment followed by an additional A$700 million in 2024. This strategic investment reflects NPS’s confidence in Australia’s student accommodation and living sectors, while strengthening its global portfolio through stable, income generating assets in high demand markets.

Scape Australia showcased its innovative and people focused approach to student accommodation, with an emphasis on safety, wellbeing, and community engagement across its properties in major Australian cities.

The visit also reaffirmed the scale and significance of Australia’s international education sector, now valued at more than A$51 billion and recognised as the nation’s fourth largest export industry.

As demand for high quality student housing continues to rise, Australia Korea collaboration across the living, education, and investment sectors will play an increasingly important role in driving innovation, talent exchange, and sustainable growth.

📩 Did you know AKBC has a dedicated Financial Services Industry Group? Email [email protected] to find out more about how you can become a part of this exclusive group.

27/10/2025

📢 𝗡𝗘𝗪𝗦 📢

Be part of the global celebration of Korean creativity and innovation - from K-Pop Demon Hunters to the next wave of K-content shaping the world.
⁠
📍 Event Overview
🗓️ Dates: 2 – 8 November 2025 (Sunday–Saturday)⁠
📌 Venue: Carriageworks, Sydney⁠
🏛️ Hosted by: Ministry of Culture, Sports and Tourism of Korea / KOCCA⁠
⁠
🎬 About the Event
2025 K-Content Planet is a global exhibition and experience-based event connecting leading Korean content companies, creators, and brands with international buyers, distributors, and collaboration partners.⁠
⁠
The event aims to create tangible business opportunities through licensing, distribution, retail expansion, and brand collaboration, while showcasing the creativity and cultural value of Korea’s most influential IPs.⁠
⁠
👥 Who Can Join as Buyers
Ideal for professionals and organisations involved in:
1️⃣ Content distribution, broadcasting, OTT platforms, publishing, and licensing⁠
2️⃣ Retail & merchandise sourcing (K-Beauty, K-Food, lifestyle, character IP goods)⁠
3️⃣ Event and festival production, concert organisation, and pop-up curation⁠
4️⃣ Brand collaboration, marketing, and creative agencies⁠
⁠
💼 Benefits of Attending
Buyers attending on-site will be able to:⁠
✅ Meet and network directly with leading Korean content and IP companies⁠
✅ Participate in 1:1 B2B business matching sessions⁠
✅ Explore exclusive opportunities in licensing, distribution, and co-branding⁠
✅ Discover content and products ideal for retail expansion, pop-up stores, and live events⁠
✅ Experience immersive exhibitions and live K-POP performances⁠
⁠
🌟 Main Program Highlights
🎨 K-Content Exhibition & Experience Zones⁠
🤝 B2B Networking & Buyer Matching Sessions⁠
🎤 Live K-POP Performances: NMIXX and ONF⁠

⁠
📩 For buyer registration or inquiries:
Email [email protected]

📩 Follow us, or sign up for our monthly eNewsletter to stay up-to-date on news in the Australia-Korea corridor 👉 https://akbc.glueup.com/org/akbc/subscriptions/⁠
⁠

📩 Did you know AKBC has six dedicated Industry Groups? Email [email protected] to find out more about how you can become a part of this exclusive group.

24/10/2025

📢 EVENT 📢 ⁠

Connect with us at our upcoming Australia-Korea Strategic Insights Post APEC with Ambassador H.E. Jeff Robinson.

Fresh from the APEC Summit in Korea, we are delighted to welcome H.E. Jeff Robinson, Australian Ambassador to the Republic of Korea to Perth for our upcoming event hosted at PwC. 🇦🇺🇰🇷⁠
⁠
With the theme “Accelerating WA–Korea Investment”, this event will offer timely insights into Korea’s evolving investment priorities and explore the next chapter of Western Australia–Korea economic collaboration. The Ambassador will share perspectives from the recent APEC Summit and discuss opportunities to deepen bilateral partnerships.⁠
⁠
The evening will also feature an engaging Q&A session moderated by Martina Crowley, Perth Managing Partner, PwC Australia and Paul Kelly, Head of WA Memberships and Business Development, AKBC, bringing together leaders and experts across business, government and industry.⁠
⁠
This special gathering will provide our members a chance to connect, exchange ideas, and strengthen networks. It’s an opportunity to hear first-hand from the Australian Ambassador and engage directly with those shaping the Australia–Korea relationship in Western Australia.⁠

Event details: ⁠
📅 Date: Monday 3 November 2025, 4:45 PM AWST arrival for a 5:00 PM start (concludes at 6:30 PM AWST)
📍 Location: PwC , Level 15, 125 St Georges Terrace, Perth, WA 6000
💡 Price: FREE for AKBC Members, $45+GST for non-members ⁠

Spots are limited, so register now to secure your place via link in bio 👆!

Belinda Altadonna Paul Kelly

23/10/2025

📢 EVENT 📢 ⁠

Connect with us at our upcoming Australia-Korea Strategic Insights Post APEC with Ambassador H.E. Jeff Robinson.

Fresh from the APEC Summit in Korea, we are delighted to welcome H.E. Jeff Robinson, Australian Ambassador to the Republic of Korea to Perth for our upcoming event hosted at PwC. 🇦🇺🇰🇷⁠
⁠
With the theme “Accelerating WA–Korea Investment”, this event will offer timely insights into Korea’s evolving investment priorities and explore the next chapter of Western Australia–Korea economic collaboration. The Ambassador will share perspectives from the recent APEC Summit and discuss opportunities to deepen bilateral partnerships.⁠
⁠
The evening will also feature an engaging Q&A session moderated by Martina Crowley, Perth Managing Partner, PwC Australia and Paul Kelly, Head of WA Memberships and Business Development, AKBC, bringing together leaders and experts across business, government and industry.⁠
⁠
This special gathering will provide our members a chance to connect, exchange ideas, and strengthen networks. It’s an opportunity to hear first-hand from the Australian Ambassador and engage directly with those shaping the Australia–Korea relationship in Western Australia.⁠

Event details: ⁠
📅 Date: Monday 3 November 2025, 4:45 PM AWST arrival for a 5:00 PM start (concludes at 6:30 PM AWST)
📍 Location: PwC , Level 15, 125 St Georges Terrace, Perth, WA 6000
💡 Price: FREE for AKBC Members, $45+GST for non-members ⁠

👉 Spots are limited, so register now to secure your place
https://akbc.glueup.com/event/australia-south-korea-strategic-insights-ambassador-h-e-jeff-robinson-157323/

22/10/2025

📢 𝗡𝗘𝗪𝗦 📢

AKBC congratulates our member Arafura Rare Earths on the significant progress announced for the Nolans Project in the Northern Territory, a project of national strategic importance for Australia’s rare earths industry.

✅ The Export Finance Australia (EFA) has provided conditional approval for up to USD 100 million equity investment in Arafura’s Nolans Project under the Australian Government's Critical Minerals Facility
✅ The Export-Import Bank of the United States (US EXIM) has issued a Letter of Interest for up to USD 300 million in financing
✅ Arafura Nolans Project will also be one of the key priority critical minerals project as part of the United States–Australia Framework for Securing Supply of Critical Minerals and Rare Earths.

Arafura Rare Earths is AKBC's Immerse level Member and is part of the AKBC Critical Minerals Industry Group.

Read more below 👇
https://www.pm.gov.au/media/historic-critical-minerals-framework-signed-president-trump-and-prime-minister-albanese
https://www.linkedin.com/posts/arafura-rare-earths_arafurarareearths-nolansproject-criticalminerals-activity-7386293337823223808-bzGl?utm_source=share&utm_medium=member_desktop&rcm=ACoAAB75u8QBfj7WFOViGNKiMX9eC8b_J7_HWUw

📩 Did you know AKBC has a dedicated Critical Minerals Industry Group? Email [email protected] to find out more about how you can become a part of this exclusive group.

Australia-Korea Business Council

12/11/2025

07/11/2025

06/11/2025

05/11/2025

30/10/2025

30/10/2025

29/10/2025

27/10/2025

27/10/2025

24/10/2025

23/10/2025

22/10/2025

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