<
https://thedriven.io/2024/11/27/fortescue-signs-600m-deal-for-battery-electric-mining-equipment-in-pursuit-of-real-zero/>
"Australian mining giant Fortescue announced on Wednesday that it will pony up
over $A600 million for zero emissions mining equipment from Chinese heavy
machinery manufacturer XCMG, just weeks after a multi-billion dollar deal for
electric trucks and bulldozers.
The latest agreement will see Fortescue purchase over 100 pieces of zero
emissions heavy mobile equipment worth more than $US400 million, or around
$A600 million, including battery electric wheel loaders, wheel dozers, water
carts, float prime movers, and graders.
It will be XCMG’s largest contract outside of China for mining equipment, and
will see all pieces of equipment delivered to Fortescue’s Pilbara mining
operations from 2026 and by the end of this decade to help the Australian
company meet its ambitious goal of real zero emissions by 2030.
Fortescue says the equipment will help to eliminate millions of litres of
fossil fuels from its iron ore operations over the lifecycle of the assets.
“We’re moving rapidly to decarbonise our Pilbara iron ore operations and
eliminate our Scope 1 and 2 terrestrial emissions by 2030. To achieve this
target, we will need to swap out hundreds of pieces of diesel mining equipment
at the end of their life with zero emissions alternatives,” said Dino Otranto,
CEO of Fortescue Metals."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
