
POSCO Group Chairman Meets with Heads of Australian Resource Developers
POSCO Group Chairman Choi Jung-woo visited Australia to meet with heads of local resource development companies, the group said on June 21. Choi visited Western Australia and met with Gina Rinehart, chairwoman of Hancock Prospecting, a privately-owned mineral exploration and extraction company, on June 20 (local time). The two signed a memorandum of understanding (MOU) for strategic cooperation in developing mines of important metals such as lithium, nickel and copper and the promotion of the hot briguetted iron (HBI) business.