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AAP
AAP
Jennifer Dudley-Nicholson

REVEALED: Australia risks missing 250b green iron opportunity - The Real Truth

Transforming Australia's iron industry using renewables could double export revenue, a report shows. (Dean Lewins/AAP PHOTOS)

Australia has a "once-in-a-century opportunity" to lead the world's green iron industry but could miss it if governments, mining firms and investors fail to take urgent action, a study has found.

The 78-page report, released on Tuesday by independent think tank Climate Energy Finance, analysed the nation's potential to transform its iron industry using renewable energy and found it could double export revenue to $250 billion a year.

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