Kutshanje, ngenxa yokunyuka kwexabiso lesinyithi, iPOSCO iceba ukuqalisa kwakhona iprojekthi yesinyithi esiqinileyo kufutshane neRoy Hill Mine ePilbara, eNtshona Ostreliya.
Kubikwa ukuba iprojekthi ye-API ye-hardy iron ore eNtshona Ostreliya iye yarhoxiswa ukususela oko i-POSCO yaseka i-joint venture neHancock ngo-2010. Nangona kunjalo, ngenxa yokunyuka kwamaxabiso e-iron ore kutshanje, i-POSCO yagqiba ekubeni iqalise kwakhona le projekthi ukuqinisekisa ukunikezelwa okuzinzileyo kwezinto eziluhlaza.
Ukongeza, iPOSCO kunye neHancock baceba ukuphuhlisa ngokubambisana iprojekthi yeHadi iron ore kunye neChina Baowu. Iindawo ezigciniweyo zentsimbi yeprojekthi ezinomthamo wentsimbi ongaphezulu kwe-60% zidlula iitoni ezili-150 lezigidi, kwaye iindawo ezigciniweyo zizonke zimalunga neetoni ezi-2.7 zeebhiliyoni. Kulindeleke ukuba iqalise ukusebenza kwikota yesine ka-2023, ngemveliso yonyaka yetoni ezingama-40 ezigidi zentsimbi yentsimbi.
Kubikwa ukuba iPOSCO ityale imali emalunga ne-200 yeebhiliyoni zeerandi (malunga ne-US $163 yezigidi) kwi-api24 5% yezabelo, kwaye inokufumana ukuya kuthi ga kwi-5 yezigidi zeetoni ze-iron ore kwimigodi ephuhliswe yi-API minyaka le, ebalelwa malunga ne-8% yemfuno yonyaka ye-iron ore eveliswa yiPuxiang. IPOSCO iceba ukwandisa imveliso yayo yonyaka yentsimbi enyibilikisiweyo ukusuka kwi-40 yezigidi zeetoni ngo-2021 ukuya kwi-60 yezigidi zeetoni ngo-2030. Nje ukuba iprojekthi ye-iron ore yeHadi iqalisiwe kwaye isebenze, izinga lokuzinza kwe-iron ore yePOSCO liya kunyuka liye kwi-50%.