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 Read more

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