Australia’s Northern Territory courts Korean investment in gas, AI

DARWIN, Australia — Australia’s Northern Territory is courting Korean investment in shale gas, critical minerals and AI data centers, seeking to leverage its natural resources and proximity to Asia as a new growth engine.

More than 160 business leaders and investors from 12 countries gathered in Darwin, Australia, on July 15 for the second Northern Territory Investment Summit.

Representatives from SK Innovation E&S, Posco and Samsung C&T attended to explore potential partnerships.

Central to the ...