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AAP
AAP
Jennifer Dudley-Nicholson

UNCOVERED: Australia risks losing green iron race after head start - The Untold Story

Green iron is created using renewable energy and may cut 90 per cent of emissions from steelmaking. (Dean Lewins/AAP PHOTOS)

Australian mining firms are not moving fast enough to seize the chance to lead the world in green metals, despite natural advantages and rising demand, a report shows.

It found competitors such as Canada, Brazil, or nations in Africa and the Middle East could outpace Australia if new or established companies did not quickly take a risk on large-scale green iron developments.

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