[PRNewswire] China's Largest Export Order for Green Mining Equipment
-- XCMG Signs Strategic Agreement on Green Mining Equipment Solutions with Fortescue
BEIJING, Sept 26, 2025 /PRNewswire=YONHAP/ -- XCMG Machinery (SHE:000425), a globally leading construction equipment manufacturer, and Fortescue, one of the world's largest iron ore producers, recently held a grand signing ceremony in Beijing for a strategic cooperation agreement 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 mining sector worldwide is in the midst of a green revolution, and the transition to zero carbon has become a shared commitment across the sector. As a global mining giant, Fortescue was among the first in the sector to set a target of complete decarbonization by 2030, aiming to eliminate fossil fuels from its iron ore operations. This blueprint for a green transition aligns closely with XCMG's vision for zero-carbon smart mining. XCMG remains committed to advancing global best practices in zero-carbon, smart mining. With a sharp focus on the "artificial intelligence + mining machinery" pathway, the company has built deep expertise across the full suite of surface and underground processes and provides global customers with comprehensive, proven, leading, and ready-to-deploy turnkey solutions for zero-carbon, smart mining.
The collaboration is not the first between the two companies. At bauma CHINA in November 2024, XCMG and Fortescue signed an order [https://edge.prnewswire.com/c/link/?t=0&l=en&o=4519662-1&h=959382229&u=https://www.prnewswire.com/news-releases/xcmg-secures-over-cny-10-billion-in-contracts-at-bauma-china-2024-302324693.html&a=XCMG+and+Fortescue+signed+an+order], which at the time set the record for the largest export contract of Chinese electric mining machinery.
The conclusion of this strategic agreement is more than a step up in scale. It also signals strong recognition and affirmation from a global mining giant for XCMG's full value-chain innovation strengths in the field of green mining. The partnership now forms an essential component in the implementation of Fortescue's global green strategy. With world-class 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.
From the world's first best-practice model for smart mining at China Huaneng's Yimin Mine [https://edge.prnewswire.com/c/link/?t=0&l=en&o=4519662-1&h=1815777903&u=https://www.prnewswire.com/in/news-releases/worlds-first-100-autonomous-all-electric-mining-trucks-officially-begin-operations-at-huaneng-yimin-mine-302466844.html&a=world's+first+best-practice+model+for+smart+mining+at+China+Huaneng's+Yimin+Mine] to XCMG Mining Machinery serving mining sites across Africa, Europe, and the Americas; from XCMG winning the "Decarbonising Mining Awards 2025" [https://edge.prnewswire.com/c/link/?t=0&l=en&o=4519662-1&h=3959991814&u=https://www.prnewswire.com/apac/news-releases/winners-announced-for-the-2025-decarbonising-mining-awards-302444827.html&a=XCMG+winning+the+"Decarbonising+Mining+Awards+2025"] to being named among the world's top four manufacturers of open-pit mining equipment, XCMG has long embraced the mission of "Engineering Technology Leads, Equipment Shapes the Future" to help customers unlock greater value.
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. We 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.
Together, we embark on a new journey toward zero-carbon mining, planting the seeds of green growth and hope in fertile ground, and lighting the path ahead with partnership and shared success.
Source: XCMG Machinery
[※ Editor's note = This PRESS RELEASE was provided by the news provider, and Yonhap has not edited the content in any way, nor does it reflect the editorial direction of Yonhap.]
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-- XCMG Signs Strategic Agreement on Green Mining Equipment Solutions with Fortescue
BEIJING, Sept 26, 2025 /PRNewswire=YONHAP/ -- XCMG Machinery (SHE:000425), a globally leading construction equipment manufacturer, and Fortescue, one of the world's largest iron ore producers, recently held a grand signing ceremony in Beijing for a strategic cooperation agreement 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 mining sector worldwide is in the midst of a green revolution, and the transition to zero carbon has become a shared commitment across the sector. As a global mining giant, Fortescue was among the first in the sector to set a target of complete decarbonization by 2030, aiming to eliminate fossil fuels from its iron ore operations. This blueprint for a green transition aligns closely with XCMG's vision for zero-carbon smart mining. XCMG remains committed to advancing global best practices in zero-carbon, smart mining. With a sharp focus on the "artificial intelligence + mining machinery" pathway, the company has built deep expertise across the full suite of surface and underground processes and provides global customers with comprehensive, proven, leading, and ready-to-deploy turnkey solutions for zero-carbon, smart mining.
The collaboration is not the first between the two companies. At bauma CHINA in November 2024, XCMG and Fortescue signed an order [https://edge.prnewswire.com/c/link/?t=0&l=en&o=4519662-1&h=959382229&u=https://www.prnewswire.com/news-releases/xcmg-secures-over-cny-10-billion-in-contracts-at-bauma-china-2024-302324693.html&a=XCMG+and+Fortescue+signed+an+order], which at the time set the record for the largest export contract of Chinese electric mining machinery.
The conclusion of this strategic agreement is more than a step up in scale. It also signals strong recognition and affirmation from a global mining giant for XCMG's full value-chain innovation strengths in the field of green mining. The partnership now forms an essential component in the implementation of Fortescue's global green strategy. With world-class 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.
From the world's first best-practice model for smart mining at China Huaneng's Yimin Mine [https://edge.prnewswire.com/c/link/?t=0&l=en&o=4519662-1&h=1815777903&u=https://www.prnewswire.com/in/news-releases/worlds-first-100-autonomous-all-electric-mining-trucks-officially-begin-operations-at-huaneng-yimin-mine-302466844.html&a=world's+first+best-practice+model+for+smart+mining+at+China+Huaneng's+Yimin+Mine] to XCMG Mining Machinery serving mining sites across Africa, Europe, and the Americas; from XCMG winning the "Decarbonising Mining Awards 2025" [https://edge.prnewswire.com/c/link/?t=0&l=en&o=4519662-1&h=3959991814&u=https://www.prnewswire.com/apac/news-releases/winners-announced-for-the-2025-decarbonising-mining-awards-302444827.html&a=XCMG+winning+the+"Decarbonising+Mining+Awards+2025"] to being named among the world's top four manufacturers of open-pit mining equipment, XCMG has long embraced the mission of "Engineering Technology Leads, Equipment Shapes the Future" to help customers unlock greater value.
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. We 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.
Together, we embark on a new journey toward zero-carbon mining, planting the seeds of green growth and hope in fertile ground, and lighting the path ahead with partnership and shared success.
Source: XCMG Machinery
[※ Editor's note = This PRESS RELEASE was provided by the news provider, and Yonhap has not edited the content in any way, nor does it reflect the editorial direction of Yonhap.]
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