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Fortescue awards $615 million contract to XCMG

Fortescue awards $615 million contract to XCMG

Fortescue has inked a deal with Chinese heavy machinery manufacturer XCMG to acquire more than 100 pieces of zero-emissions heavy mobile equipment for its Pilbara iron ore operations. The contract, valued at over $US400 million ($615 million), is XCMG’s largest mining...