Contact Us

Phone
+61 2 9258 9800

Email

Address
Suite C, Level 49
Governor Phillip Tower
1 Farrer Place
Sydney, NSW 2000

POSCO & POSCO Australia

  • Single largest private customer of Australian exports
  • Significant investor in Australia’s resource sector
  • Wide-range of investment experience in Australian resource projects over 40 years
  • Focused on investment opportunities across clean hydrogen & green, renewable energy

POSCO Australia, based in Sydney, is an Australian in-bound investment subsidiary of the POSCO Group, based in South Korea. Since its beginnings in 1981, POSCO Australia has built a successful business, with investments in Australian commodities across iron ore, manganese, lithium and metallurgical coal.

Currently, POSCO Australia aims to adjust its investment portfolio to be in line with the low-carbon era, and is promoting investments in clean hydrogen & green, renewable energy.

POSCO was founded in 1968 with a mission for industrialisation of South Korea. As the first integrated steel mill in South Korea, POSCO has grown to produce 41 million tons of crude steel per year, and has grown to become a global business with production and sales in 53 countries around the world.

To date, the POSCO Group, through its Australian subsidiaries, has invested A$4.7 billion in iron ore, manganese, lithium and metallurgical coal projects in NSW, Queensland and Western Australia Australian States. The POSCO Group purchases over A$7 billion worth of Australian resources per annum, making it the largest, single, private customer of Australian exports.