This year’s recognition of POSCO Holdings highlights the company’s long-standing investment in Australia’s resources sector and its growing role in future-facing industries shaping the bilateral partnership, including critical minerals, battery materials, and clean energy supply chains.
“At a time of increasing uncertainty in global supply chains, the Australia–Korea economic relationship is taking on renewed strategic importance,” said Ross Gregory, Chaiman of AustCham Korea.
“Within this context, deepening trade, investment, and industrial collaboration between Australia and Korea plays a critical role in reinforcing supply chain resilience and supporting the long-term stability of key industries,” Gregory said.
The Australia–Korea Business Awards is a flagship event hosted by AustCham Korea, recognizing companies and individuals that have contributed to trade, investment and industrial cooperation between the two countries. Since 2010, the awards have served as a key platform highlighting the strength of the bilateral economic partnership. Winners are selected based on an evaluation of the achievements and success stories of nominated companies.
Their participation underscores the growing strategic dimension of the Australia–Korea relationship. “Long-standing business cooperation between Korea and Australia is something we see as highly meaningful,” Gregory said. “This year’s awards celebrate the fact that collaboration between the two countries is expanding into a broader range of future industries.”
“POSCO Holdings, as this year’s Business of the Year, has helped underpin key industrial supply chains through its investments and partnerships across Australia’s mining and resources sectors,” he said.
“These efforts demonstrate how collaboration between our two economies continues to evolve into new sectors,” he added.
This year’s awards recognized companies and individuals across a wide range of industries, reflecting the continued expansion of bilateral economic cooperation. While collaboration has traditionally been centered on resources, financial services and technology, it has increasingly diversified into areas such as biotechnology, education, food and beverage, energy transition, healthcare, and tourism.
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