Green Iron Investment Fund - National Development Stream

Overview

The Green Iron Investment Fund - National Development Stream provides at least $500 million in funding to applicants around Australia. The grant funding will be accessible for both existing facilities and greenfield projects that can supercharge Australia’s world-leading iron ore industry by adding more value right here. The objectives of the grant opportunity are to: de-risk early mover capital investments in Australian commercial scale green iron production capability crowd-in private investment for a strong green iron industry create economic benefits, jobs and spillovers associated with a strong green iron industry achieve community benefits, in line with the Future Made in Australia Community Benefit Principles. The intended outcomes of the grant opportunity are to: transform Australia’s national, regional and/or local economies by establishing or transitioning commercial green iron production capability - including up and down stream industrial capabilities contribute to emissions reduction in the steel value chain, in line with global and domestic decarbonisation ambitions. Learn more about the Green Iron Investment Fund policy that supports the program. Find out more about Australia's green metals sector.