FMG 1.10% $19.76 fortescue ltd

POWER!!!! Fortescue Future Industries, page-4829

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    Fortescue Metals Group and MacLean Engineering have recently announced a significant partnership aimed at decarbonizing the mining industry. This collaboration will see MacLean deliver a fleet of 30 GR8 electric motor graders to Fortescue’s mining operations in Western Australia. These graders will be powered by Fortescue’s Zero battery power system, marking a major step towards reducing fossil fuel use in surface mining12.The first of these electric graders is expected to be delivered in 2026, with the entire fleet operational by 2029. This initiative is part of Fortescue’s broader RealZero2040 commitment, which aims for zero emissions by 204012.It’s an exciting development in the push for more sustainable mining practices. What are your thoughts on this partnership?
 
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