XCMG Machinery singed a new agreement with Fortescue to strategically cooporate on green mining equipment solutions. Under the agreement, XCMG will deliver 150 to 200 units of 240T battery-electric haul trucks to Fortescue, marking China's largest-ever export order for green mining machinery.
Yang Dongsheng, Chairman of XCMG Group and XCMG Machinery, and Dr. Andrew Forrest, Executive Chairman of Fortescue, jointly signed a supply contract for new energy mining equipment.
Clinching China's largest-ever export order for green mining equipment is a milestone of profound significance for XCMG. The shipment will meet nearly half of Fortescue's future requirements for a fleet of 240T battery-electric haul trucks. They will serve Fortescue's iron ore mining operations and support the company in meeting its zero-carbon emissions target for land-based operations by 2030.
The collaboration is not the first between the two companies. At bauma CHINA in November 2024, XCMG and Fortescue signed an order, which at the time set the record for the largest export contract of Chinese electric mining machinery.
The partnership forms an essential component in the implementation of Fortescue's global green strategy. With advanced mining equipment and technologies, XCMG is providing Fortescue with solid support as it accelerates the commercialization of industrial decarbonization. Together, both parties will advance high-quality, sustainable development across the global mining sector.
Beyond forging a deep partnership, XCMG and Fortescue will jointly explore green, low-carbon technologies and the development of the new energy sector in a concerted response to the global climate challenge. The two companies believe that with the combined efforts of both parties, this partnership will deliver best-in-class solutions for the green transition in the global mining sector and set a benchmark for building a greener planet and a better home for humanity.
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