POWER!!!! Fortescue Future Industries, page-3863

Hey Wes

Think about it, with the worldwide decarbonisation transition taking place faster than ever, Liebherr's clients are going to require new technology for their own decarbonisation plans. The Liebherr/Fortescue strategic partnership is a perfect and potentially a very lucrative business opportunity going forward. Liebherr turned over just over US$1.4 billion last year just for their Mining segment alone and the electric battery / hydrogen technology for trucks and other heavy equipment isn't even ready yet, but as I highlighted in the quotes, "are well on their way to being completed."

Both companies have formed this partnership for a reason, they believe the shift is taking place rapidly and they need to be at the forefront of this transition, which imo they are.

Go back to those hypothetical numbers I posted. A 70/30 split doesn't seem too unrealistic. I would be interested to hear why you think it might be lower? Oh and that exercise was just illustrating what could potentially be possible for heavy haul trucks, what about all the other heavy equipment.

Cheers,
Tony