The Australian Government has allocated AUD $750m ($473m) to back the nation’s green metals transition, including hydrogen-based iron production.
Part of the AUD $1.7bn Future Made in Australia (FMIA) Innovation Fund , the government will provide grants to support the development of new technologies, pilot and demonstration projects, and revitalising plant and equipment.
Up to AUD $500m ($313m) has already been awarded through FMIA for clean energy technology manufacturing, while AUD $250m ($158m) has gone towards low-carbon liquid fuels. AUD $200m ($126m) is yet to be allocated.
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