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XCMG Machinery has entered into a strategic cooperation agreement with Fortescue, one of the world’s largest iron ore producers, to supply green mining equipment solutions. The agreement represents China’s largest-ever export order for green mining machinery.
Key Highlights
- Strategic Agreement: XCMG Machinery and Fortescue signed a supply contract for new energy mining equipment.
- Record-Breaking Order: The deal includes the delivery of 150 to 200 units of 240T battery-electric haul trucks to Fortescue’s mining operations.
- Decarbonization Goals: The equipment will support Fortescue’s objective to achieve zero-carbon emissions for its land-based operations by 2030.
- Previous Collaboration: The agreement expands on a previous order signed by the two companies at bauma CHINA in November 2024.
A Milestone for Green Mining
The transition to zero-carbon operations is a shared commitment across the global mining sector. Fortescue has been a leader in this transition, setting a target to eliminate fossil fuels from its iron ore operations by 2030. This new fleet of battery-electric haul trucks from XCMG is a significant step toward meeting that goal, fulfilling nearly half of Fortescue’s future requirements for this equipment class.
The agreement aligns with XCMG’s focus on zero-carbon, smart mining solutions. The company has developed extensive expertise in combining artificial intelligence with mining machinery to provide comprehensive, ready-to-deploy solutions for both surface and underground mining operations worldwide.
Building on a Strong Partnership
This agreement deepens the existing relationship between XCMG and Fortescue. The collaboration signals strong recognition from a global mining leader of XCMG’s innovation in the green mining sector. With this partnership, XCMG’s technology becomes an essential component of Fortescue’s global green strategy, providing solid support as it advances the commercialization of industrial decarbonization.
Commitment to Sustainable Development
XCMG continues to advance global best practices in smart and sustainable mining. The company’s equipment is utilized in mining sites across Africa, Europe, and the Americas. By focusing on its mission of “Engineering Technology Leads, Equipment Shapes the Future,” XCMG aims to help customers unlock greater value while promoting sustainable development.
Through this partnership, XCMG and Fortescue will jointly explore green technologies and the development of the new energy sector, contributing to a high-quality, sustainable future for the global mining industry.
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