
Fortescue signs $350m electric drill deal
Fortescue signs $350m electric drill deal Fortescue (ASX: FMG) has confirmed it has signed a $350m major contract with mining equipment manufacturer Epiroc to acquire more than 50 electric drills. This decision is part of Fortescue's progress towards operating at net-zero emissions. The company has committed to purchasing a fleet consisting of both autonomous electric platform drills and autonomous electric contour drills. The fleet is anticipated to be operational by 2030, aligning with Fortescue’s goal of replacing ageing diesel-powered equipment. The autonomous electric fleet will be operated from Fortescue’s Integrated Operations Centre in Perth, WA and is expected to cut diesel consumption...










