# XCMG signs CNY 3 billion green mining equipment contract with Fortescue

XCMG signed a contract valued at CNY 3 billion with Fortescue Group to supply over 100 zero-emission heavy mobile units for iron ore operations in Western Australia. First batch expected by 2026.

- Type: Contract
- Announced: 2024-11-26
- Where: Western Australia, Australia
- Value: $420.0M (3.00B CNY)
- Status: announced
- Products: electric wheel loaders, dozers, graders
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [XCMG Machinery](https://endata.com/companies/58761.md)
- [Fortescue](https://endata.com/companies/67647.md) (customer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/xcmg-secures-over-cny-10-billion-in-contracts-at-bauma-china-2024-302324693.html), 2024-12-06: "XCMG signed a green mining equipment contract with Fortescue Group, one of the world's largest iron ore producers from Western Australia."
- [third-news.com](https://third-news.com/article/5747b50e-b4ac-11ef-bded-9ca3ba0a67df), 2024-12-07: "This partnership, valued at CNY 3 billion, entails the delivery of environmentally friendly mining equipment."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.