The Green Iron Investment Fund provides at least $500 million to support early movers with the upfront costs of capital works.

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.

You can apply if you:

• have an Australian business number (ABN)
• are registered for the Goods and Services Tax (GST)

And are one of the following entities:

• an entity, incorporated in Australia
• a company limited by guarantee
• an incorporated trustee on behalf of a trust (where your trading activities form a sufficiently significant proportion of the corporation's overall activities as to merit it being described as a trading corporation; or are a substantial and not merely peripheral activity of the corporation).

You can't apply if you are:

• an organisation, or your project partner is an organisation, included on the National Redress Scheme's list of Institutions that have not joined or signified their intent to join the Scheme
• an employer of 100 or more employees that has not complied with the Workplace Gender Equality Act (2012)
• income tax exempt
• an individual
• a Regional Development Australia Committee
• an unincorporated association
• any organisation not included in section 4.1 of the grant opportunity guidelines
• a trust (however, an incorporated trustee may apply on behalf of a trust)
• a Commonwealth, state, territory or local government body (including government business enterprises)
• a non-corporate Commonwealth entity.

Partner with other organisations

You can partner with one or more other organisations, but the lead applicant must meet all the eligibility criteria. You must decide who the lead organisation is.

The lead organisation must fill out the application form.

If we give your group the grant, the lead organisation:

• signs the grant agreement
• is responsible for making sure your group follows the rules in the grant agreement.

• Phone: 13 28 46