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(Bloomberg) -- Fortescue Ltd., the worldâs fourth-biggest iron ore miner, will pay $2.8 billion to replace two-thirds of its fleet of haulage trucks and equipment in Western Australia with electric versions, as it seeks to cut diesel consumption and meet ambitious emissions reduction targets.
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>>> Read more: Fortescue Electrifies Iron Ore Trucks in $2.8 Billion Deal
Most Read from Bloomberg
Eric Adams' Vanishing Promise to Fix NYC's 'Unfair' Property Taxes Waiting for the Miracle of Church-to-Housing Development Unlocking the Hidden Power of Zoning, for Good or ...
>>> Read more: Fortescue Electrifies Iron Ore Trucks in $2.8 Billion Deal
