News

Four years after Joon-ho's "Parasite" made history as the first non-English language movie to secure the Best Picture Oscar, the growing influence of Hallyu, or the Korean wave, has unquestionably established Korea's status as a cultural powerhouse.

AKBC would like to express our warmest congratulations to Dr. In-hwa Chang’s appointment as the new Chairman of POSCO Group. POSCO is an AKBC Accelerate member and we looking forward to continuing to work closely with POSCO under Chairman Chang's leadership.

AKBC congratulates our Accelerate member Australian Strategic Materials (ASM) on their funding up to US$ 600M (A$ 923M) for the construction and execution of the Dubbo project.

Yesterday we delivered a highly successful webinar on the Glocal University Initiative. We believe that this webinar has opened a space of mutual interest for cooperation not only with Glocal universities but also with other universities in Korea and Australia. Over 50 participants across Australia and Korea supported the growth and development of the academic collaboration between the two countries.

Here are some takeaways from the event.

AKBC supported by Mazars in Australia is proud to present the Australia-Korea Women in Leadership networking event in Brisbane, specifically designed for women engaged in the Australia-Korea bilateral relationship.

📅 Date: Wednesday, 29 May 2024
📍 Location: Mazars Brisbane CBD

AKBC congratulates our member Arafura Resources on securing Australian Government funding through the Critical Minerals Facility, Northern Australia Facility and Export Finance Australia to build Australia’s second rare earths refinery for minerals that are crucial to the clean-energy and defence industries.

UNSW School of Aviation and Korea Aerospace University (KAU) has signed a deal for a international dual degree at an undergraduate level. This global program will allow students to receive aviation management degrees from both institutions after four years.

We are delighted to share this insightful article named South Korea's demand for critical minerals by Bill Paterson PSM, Director of the Australia-Korea Business Council (AKBC) and former Ambassador to the Republic of Korea.

Welcome to the February edition of the AKBC e-newsletter, where we share the latest developments and updates on the Australia-Korea bilateral relationship.

POSCO Future M, a battery materials supplier, has begun construction on its fifth cathode materials plant in Gwangyang.