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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...
Hastings drums up rare earths deal with Saudi Arabia

Hastings drums up rare earths deal with Saudi Arabia

Hastings Technology Metals has entered into a memorandum of understanding (MoU) with the Ministry of Investment of Saudi Arabia (MISA) to create an integrated rare earths downstream processing supply chain. The MoU outlines how Hastings will develop a fully integrated...