Asia Bridge Consulting’s Post

Fortescue and XCMG: A $400 Million Bet on Electric Mining Fortescue is once again leading the charge in sustainable mining! ⚡ The Australian mining giant has just placed a massive $400 million order with Chinese heavy equipment manufacturer XCMG for over 100 electric mining vehicles. This groundbreaking deal is a significant step towards decarbonizing the mining industry. Key takeaways: * Largest single equipment export deal in XCMG's history * Massive boost to electric mining equipment adoption * Reduced carbon emissions and improved sustainability This partnership between Fortescue and XCMG demonstrates the growing demand for sustainable solutions in the mining sector. As the world transitions to a greener future, we can expect to see more innovations in electric mining technology. #mining #sustainability #electrification #cleanenergy #innovation #futureofmining #XCMG #Fortescue #electricvehicles #decarbonization #China #Australia Fortescue XCMG Group https://flip.it/GXu_ud

$400 million electric heavy equipment order from China is biggest ever (so far)

$400 million electric heavy equipment order from China is biggest ever (so far)

https://electrek.co

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