Industry, climate firms to give green iron green light

Green iron has the potential to cut 90 per cent of emissions from the steelmaking process. (Dean Lewins/AAP PHOTOS)

Australia's potential to become a leader in green iron exports is under scrutiny, with international mining, finance and climate firms looking at ways to transform the nation's mining sector.

While demand for green metals is surging worldwide, experts warn production is proving more challenging to establish than anticipated and may require more time.