# Fortescue orders $400M electric mining equipment from XCMG

Australian mining company Fortescue placed a $400 million order with Chinese heavy equipment maker XCMG for over 100 pieces of battery-electric mining equipment, including wheel loaders, dozers, and semi-trucks. It is the largest single export deal in XCMG's history.

- Type: Contract
- Announced: 2024-12-22
- Where: China
- Value: $400.0M
- Status: announced
- Products: battery-electric wheel loaders, dozers, semi-trucks
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [XCMG](https://endata.com/companies/15137.md) (supplier)
- [Fortescue](https://endata.com/companies/67647.md) (customer)

## Sources

- [evearly.news](https://www.evearly.news/en/mining-firm-fortescue-orders-400-million-worth-of-electric-mining-equipment-from-chinas-xcmg/), 2024-12-22: "Australian mining company Fortescue has placed a $400-million order with Chinese heavy equipment maker XCMG."

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