How exciting Roobster!
* FMG ordered 120 trucks from Liebherr all in one hit. How's that for confidence and know how!
* That's around 40% of their existing fleet.
* FMG's fleet consumed approximately 200 million litres of diesel in FY21. They're close to knocking off 100 million litres already.
* Replacement of fleet is going to eliminate diesel which in turn will contribute to lowering energy costs.
* What else do they have their attention on? To accelerate the opportunity to commercialise their IP and or system technologies in heavy industry applications.
* Capital investment breakdown for their green fleet? US1.3bn
*Maximum annual expenditure = US$1.5bn over Fy24-Fy-28
Unused capital FFI to date 1.1bn.
Let's go FMG!
Tony
POWER!!!! Fortescue Future Industries, page-1758
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