Jaysco Holdings Attends 46th Korea-Australia Business Council Meeting: "Sharing Key Mineral Industry Trends"

Jaysco Holdings announced on the 17th that it participated in the '46th Korea-Australia Business Council Joint Meeting (46th KABC-AKBC Joint Meeting)' held at the Four Seasons Hotel Seoul and FKI Tower for two days starting from the 16th.

Through this event, Jaysco Holdings shared the latest industry trends and developments related to the supply chain of key minerals such as nickel with Korean and Australian companies. Currently, Jaysco Holdings is pursuing related projects in the Philippines, the world's second-largest nickel producer, ranging from nickel mine development and raw ore exports to the construction of eco-friendly nickel smelters.

Launched in 1978, the Korea-Australia Business Council (hereafter referred to as the Council) is a public-private economic consultative body aimed at promoting exchanges between companies and governments of both countries, making policy recommendations to improve the business environment, and identifying joint industrial cooperation projects. Senior figures from the political and business sectors of both countries gather in one place to discuss economic and trade issues and policy directions.

This year, discussions will focus on five areas of bilateral economic cooperation: key mineral supply chains, the defense industry, clean energy transition, cooperation in the AI innovation ecosystem, and knowledge exchange for mutual prosperity in local communities. The event is attended by over 200 government officials and company executives, including Chang Inhwa, Chairman of POSCO Holdings, and Martin Ferguson, Chairman of AKBC.

In particular, leading Korean companies in key mineral development such as POSCO Holdings and Ecopro, as well as Australian rare earth developer Arafura Rare Earths, participated and engaged in in-depth discussions on the current status of key mineral supply chains and cooperation.

A representative from Jaysco Holdings stated, "By attending this Korea-Australia Business Council meeting, we were able to closely observe the latest trends and developments in related industries at a time when global supply chain stability has significantly deteriorated, and further strengthen our network through exchanges with global companies in the field. Going forward, we will contribute to building a stable and sustainable supply chain for key minerals such as nickel by utilizing overseas bases, including the Philippines."