South Korea and Australia agreed to deepen cooperation across critical minerals, clean energy and advanced industries at the 47th Korea-Australia Joint Economic Cooperation Committee Meeting in Adelaide on the 2nd. POSCO Group Chairman Chang In-hwa, who chairs the Korea-Australia committee, identified critical-mineral supply chains, an eco-friendly energy ecosystem, and joint work in defense, shipbuilding, space and advanced research and development as priorities. About 200 business and government representatives attended, including Australian Foreign Minister Penny Wong, Trade and Tourism Minister Don Farrell and Australia-Korea Business Council Chairman Martin Ferguson. The joint statement calls for integrating critical-mineral and battery-material value chains, expanding export-credit agency financing, broadening cooperation in artificial intelligence, data centers and space, and extending clean-energy cooperation to renewables, hydrogen and carbon capture and storage. Australia also agreed to actively support South Korea's possible accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, which the Korean government is reviewing. The initiative builds on POSCO Group's long-standing Australian resource relationships, including raw-material procurement, Roy Hill, lithium and natural-gas investments, while participating companies outlined projects in hydrogen-based steelmaking, eco-friendly building materials, modular housing and power grids. The committee plans to continue discussions at its 48th meeting in South Korea next year.