Fortescue Zero expects to earn more than $1.6 billion in revenue for supplying motors for its electric trucks, but admits other projects facing headwinds from Trump.

ASX-listed Fortescue has acquired a 90.09% stake in Red Hawk Mining through its wholly owned subsidiary FMG Pilbara, triggering a compulsory acquisition process. In a market notice issued on Tuesday, ...

filed by the Yindjibarndi in March 2023 because it issued Fortescue’s mining licence and collects royalties from its iron ore shipments. Under the state’s mining code, the government has the ...

Other companies are moving to electric mining equipment, including Komatsu's new fleet and Liebherr, which has worked with Fortescue to use self-driving electric haul trucks.

Fortescue mining boss Dino Otranto declined to discuss the claim, but said the miner had “never shied away from the right compensation outcome”. Otranto also highlighted Fortescue’s $254 ...

(Bloomberg) -- Fortescue Ltd.’s first-half profit plunged by 53% from the year before as demand for iron ore from biggest consumer China softened. The slump in net income to $1.55 billion for ...