https://newsletter.mw.creamermedia.com
Excavators|Iron Ore|Mining|Resources|Technology|Trucks|Equipment|Operations
Excavators|Iron Ore|Mining|Resources|Technology|Trucks|Equipment|Operations
Excavators|iron-ore|mining|resources|technology|trucks|equipment|operations

Fortescue signs $2.8bn green equipment partnership with Liebherr

Fortescue signs $2.8bn green equipment partnership with Liebherr

Photo by Fortescue via X

25th September 2024

By: Reuters

  

Font size: - +

Fortescue said on Wednesday it has signed a $2.8-billion partnership with German-Swiss equipment manufacturer Liebherr to create one of the world's largest zero-emission mining fleets.

The two companies had initially signed the deal to develop green technology-based trucks to haul iron-ore out of Fortescue's mines in 2022 and have now agreed to increase the mining fleet - to be supplied by Liebherr - to 475 trucks from earlier 120.

Fortescue, the world's fourth-largest iron-ore miner, expects to buy 360 autonomous battery-electric trucks, 55 electric excavators and 60 battery-powered dozers to replace about two-thirds of its current mining fleet.

The company's mining fleet consumed about 450-million litres of diesel in FY24 and accounted for 51% of its scope 1 carbon emissions.

The iron ore miner has been exploring various strategies to produce green iron - the iron produced with a lower carbon footprint, while also expanding into production of hydrogen from renewable resources.

"This is an important next step in our 2030 Real Zero target – to eliminate emissions from our Australian terrestrial iron-ore operations by the end of the decade. The world needs Real Zero now – it simply cannot afford to wait," Fortescue executive chairman Andrew Forrest said in a statement.

Edited by Reuters

Comments

 

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council optimistic about ongoing MPRDA review
13th December 2024 By: Marleny Arnoldi
Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.131 0.209s - 145pq - 2rq
Subscribe Now