$400 million electric heavy equipment order from China is biggest ever (so far)
![Fortescue orders XCMG electric mining equipment worth $400 million](https://electrek.co/wp-content/uploads/sites/3/2024/11/xcmg-bergbau-2.jpg?quality=82&strip=all&w=1600)
Australian mining company Fortescue is making headlines again, after it placed a huge, $400 million order for over 100 new electric equipment assets with Chinese heavy equipment company XCMG (Xuzhou Construction Machinery Group). The deal is the largest single equipment export deal in XCMG’s history.
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