XCMG Machinery and Fortescue recently signed a strategic cooperation agreement on green mining equipment solutions in Beijing with great fanfare. Under the agreement, XCMG will deliver 150 to 200 240-ton battery-electric haul trucks to Fortescue, marking the largest-ever export order for green mining machinery to China.
Yang Dongsheng, Chairman of XCMG Group and XCMG Machinery, and Andrew Forrest, Executive Chairman of Fortescue, jointly signed a contract to supply new energy mining equipment.
Securing the largest-ever export order for environmentally friendly mining equipment to China marks a significant milestone for XCMG. This delivery will meet nearly half of Fortescue’s future requirements for its fleet of 240-ton battery-electric haul trucks. The trucks will be used in Fortescue’s iron ore mining operations and help the company achieve its goal of carbon neutrality for its land-based operations by 2030.
In a global mining sector undergoing a green revolution, the transition to zero carbon has become a shared commitment across the industry. Global mining giant Fortescue was one of the first in the sector to set a goal of complete decarbonization by 2030, with the aim of eliminating fossil fuels from its iron ore operations. This green transition plan is fully aligned with XCMG’s vision for smart zero-carbon mining.
XCMG is committed to promoting global best practices in this area. With a primary focus on the combination of artificial intelligence and mining machinery, the company has developed deep capabilities across the entire surface and underground process spectrum to provide customers worldwide with comprehensive, proven, and ready-to-deploy leading turnkey solutions for smart zero-carbon mining.
This collaboration between the two companies is not the first. At the bauma CHINA trade fair in November 2024, XCMG and Fortescue had already signed an order , setting the record at the time for the largest export contract for Chinese electric mining machinery.
The conclusion of this strategic agreement is much more than a change of scale. It is also a particularly strong recognition and confirmation, from a global mining giant, of XCMG’s innovative strengths across the entire green mining value chain. This partnership now forms a key part of the implementation of Fortescue’s global green strategy. With its world-class mining equipment and technologies, XCMG provides strong support to Fortescue by accelerating the commercialization of machines that promote industrial decarbonization. Together, the two parties will facilitate high-quality, sustainable development across the global mining sector.
From its first global best practice model for smart mining at China Huaneng’s Yimin Mine to its mining machinery serving mine sites in Africa, Europe and America; from winning the Decarbonising Mining Awards 2025 to being named one of the world’s top four surface mining equipment manufacturers, XCMG has long been committed to its vision of “Inspiring the future with technology design, building it with equipment” to help customers generate greater added value.
Beyond the establishment of an in-depth partnership, XCMG and Fortescue will jointly explore opportunities related to low-carbon green technologies and the development of the new energy sector to provide a concerted response to the global climate challenge. We believe that through the combined efforts of both parties, this partnership will bring out the best solutions for the ecological transition in the global mining sector and set a benchmark for building a greener planet, benefiting all humanity.
Together, we are embarking on a new journey towards carbon-neutral mining, sowing the seeds of green growth and hope in fertile soil, and leading the way forward through partnerships and shared successes.