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Mining firm Fortescue orders $400 million worth of electric mining equipment from China’s XCMG

  • Australian mining company Fortescue has ordered $400 million worth of electric mining equipment from Chinese manufacturer XCMG.
  • The order, which includes over 100 pieces of electric equipment, is the largest export deal in XCMG's history.
  • The equipment, including electric wheel loaders, dozers, semi-trucks, and graders, will be delivered to Fortescue's mining operations in stages between 2025 and 2030.
  • Fortescue aims to decarbonize its Pilbara iron ore operations and eliminate terrestrial emissions by 2030, replacing diesel equipment with zero-emissions alternatives.

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