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Fortescue Metals (OTC:FSUMF), a leading iron miner, has announced a $2.8 billion investment in fleet electrification. Despite falling iron ore prices and high energy prices that caused it to pause green hydrogen projects earlier this quarter, the company is firmly set on its green transition goals. The multi-billion transaction will include purchasing 475 emission-free machines, including 360 autonomous battery-electric trucks, 55 electric excavators, and 60 new battery-electric dozers from Germany's Liebherr Group. "You will watch the breath sucked out from CEOs' chests when they realize this is a $2.8 billion order; This is the future of the heavy industry. And it's zero emissions." Fortescue's chairman, Andrew Forrest, stated, following a Las Vegas mining expo. Fortescue ...


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