▷ MSIT to Strengthen Cooperation with Australia in Hydrogen and Rare-Earth Elements (Sep 30)
- Fourth Korea-Australia Joint Committee on Science and Technology Held
□ The MSIT announced that it held the Fourth Korea-Australia Joint Committee on Science and Technology (“JCST”) jointly with the Department of Industry, Innovation and Science of Australia in Canberra, Australia on September 27.
ㅇ The 4th JCST was chaired by Director-General Kyung-Hee Song from the MSIT of Korea and General Manager Gino Grassia from the DIIS, with about 20 participants from both countries’ science and technology industry and academia.
□ The 4th JCST was held based on the bilateral Agreement on Scientific and Technological Cooperation signed in September 1999. Both countries shared their science and technology innovation policies and established grounds for cooperation in hydrogen station demonstration research, rare-earth elements(REE), bio convergence and IoT.
ㅇ In case of hydrogen station, which separates and produce hydrogen from LNG/LPG for storing and charging, Korea and Australia agreed to cooperate in demonstration and commercialization of key technologies through joint research.
- A business-expert joint workshop was held in Melbourne from September 30 to October 1 to create cooperation opportunities in hydrogen station.
ㅇ In case of REE smelting research (e.g. on Monazite), the two countries agreed to have further discussions on concrete measures to carry out joint research based on Korean technology, which efficiently collects and uses radioactive elements created during smelting (e.g. Thorium).
□ They also discussed plans to cooperate in validation and application of the research on metamaterial-based UHD imaging platform, which is jointly researched by Korea and ASEAN with the MSIT’s lead, in areas that need nano observation such as disease treatment, animal and plant research, etc.
ㅇ They also discussed plans to demonstrate the IoT-based highly sensitive detection sensor that runs without a battery at University of New South Wales (UNSW) and commercialize it.
□ At the 4th JCST, Korea and Australia both recognized the necessity of expanding technology cooperation in response to the Fourth Industrial Revolution. They also discussed measures to implement Tech Bridge (suggested by Australia), a cooperation project in 10 areas including hydrogen economy, REE and AI, and agreed to hold Korea-Australia Science Day (suggested by Korea).
□ Director-General Kyung Hee Song of the International Cooperation Bureau at the MSIT said that Korea and Australia had an in-depth discussion at the 4th JCST on practical cooperation that will converge both countries’ strengths.
ㅇ She added, “We will continue to build a cooperative relationship that will allow us to discover and expand joint projects that will lead to fruitful results in hydrogen production, storage and transport, biotechnology and REE technology.”