POWER!!!! Fortescue Future Industries, page-4481

Cheers Wes.

It somehow makes the whole deal seem more real, reading those kinda articles. It'll be interesting to see tomorrow if any of the financials of the FL deal are revealed. e.g. what % of profits flow to us and them.Such a win,win, win situation. The environment, Leibherr, and ,of course, mighty Fortescue.

I highly doubt it mate. They haven't provided sub-segment breakdowns previously, so I don't see why they would now. Plus I hope they don't with re to Fortescue/Liebherr. Why do I say that? Because of competition.

The injection of the second Roadrunner into action will signify a giant stride forward because it will mean the trial period is complete, and the ,hopefully, rapid transformation of the fleet is underway.

That will ramp up come FY26. The good news is that what Liebherr/Fortescue have developed to date is what will be selling if it hasn't already. MinExpo next month, is going to showcase the technology that they're ready to show the world.

Re Power Conversion, that's a big market that is increasing in size every year. Have a read of Fortescue Zero's page and check out that image!
https://fortescuezero.com/our-solutions/power-conversion/

Tony