Building Australia’s green metals sector

Australia has potential to become a cost-competitive green metals producer. By investing in local production and drawing on our natural and renewable resources, we can lead the global shift to net zero.

Green metals includes low and near-zero emissions: 

  • iron
  • steel
  • alumina
  • aluminium.

Australia has a significant metals industry. By decarbonising metal production, we can help build our economy, expand our skilled workforce and supply the current and future needs of our trading partners.

The Australia Government’s Future Made in Australia National Interest Framework also identifies green metals as a priority industry, critical to Australia’s net zero transformation. 

Investing in green metals

The government is making targeted investments to:

  • supercharge Australia’s metals industry
  • position Australia as a reliable global supplier of low-emissions metals
  • support the clean energy transition
  • strengthen our industrial future.

  • Green Iron Investment Fund

    This fund helps establish Australia’s position as a green iron producer by supporting early movers with the upfront costs of capital works. It is closed.

  • Future Made in Australia Innovation Fund

    This fund accelerates growth of new industries, including green metals. It supports pre-commercial innovation, demonstration and deployment of green metals technologies.

  • Green Metals Innovation Network

    The network connects researchers and industry to advance the development of a green metals industry in Australia.

  • Net Zero Fund

    This NRF sub-fund supports large industrial firms to decarbonise energy-intensive parts of their operations. It also helps scale up domestic manufacturing of low emissions technologies.

Latest news

More information

The Net zero sector plan for industry helps metals producers reduce emissions
We consulted on the barriers and opportunities for a thriving green metals industry
Read more about our support for priority manufacturing sectors
Read more about our support for critical minerals, strategic materials and the resources sector
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