Mining firm Fortescue orders $400 million worth of electric mining equipment from China’s XCMG
Australian mining company Fortescue has placed a $400-million order with Chinese heavy equipment maker XCMG (Xuzhou Construction Machinery Group). The sale, which includes over 100 pieces of electric equipment, is the largest single export deal in XCMG’s history.
The massive contract includes a wide range of battery-electric heavy equipment, including electric wheel loaders, dozers, semi-trucks and graders, which will be delivered to Fortescue’s mining operations in Pilbara, Australia, in stages between 2025 and 2030.
Fortescue says the use of this equipment will displace millions of gallons of diesel fuel at the company’s iron ore operations over the life of the assets.
“We’re moving rapidly to decarbonize our Pilbara iron ore operations and eliminate our Scope 1 and 2 terrestrial emissions by 2030,” said Fortescue Metals CEO Dino Otranto. “To achieve this target, we will need to swap out hundreds of pieces of diesel mining equipment at the end of their life with zero-emissions alternatives.”
XCMG is embracing electrification across its product lines. “XCMG is dedicated to long-term sustainable development, offering high-end, intelligent and green product+scenario full-life-cycle solutions to global customers,” said XCMG Chairman Yang Dongsheng. “The company has achieved electrification across its entire product range, and new energy products account for 18 percent of revenue.”
Source: XCMG, Electrek