Hey Mr. WT
You wrote;
"My understanding of the FL relationship is that we are contributing FZ advancements to the Leibherr manufacturing processes, in addition to road-testing the trucks and excavators in the field. Is that your understanding of extent of the partnership?"
Yes, that's correct, however, I believe there's more to this partnership. Have another close read this again.
https://www.liebherr.com/en/int/latest-news/news-press-releases/detail/fortescue-and-liebherr-establish-partnership-for-zero-emission-mining-equipment.html
Correct, i dont think think we'll see any meaningful contribution to the bottom line re Fortescue Zero this last FY24 (hopefully I'm wrong and we are surprised to the upside), but yes, the next year onwards we should see savings right across the value chain.
Thanks mate.
T
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