Job Cuts at Fortescue Zero
Hundreds of jobs are to be cut from Fortescue's battery-making arm Fortescue Zero.
The decision comes after the miner opted to have its haul trucks' batteries manufactured in China instead.
- Battery manufacture for electric trucks will be moved to China.
One of the Fortescue Zero battery-powered haul trucks
Fortescue had previously signed a $4 billion deal, but details on how this decision affects the agreement are not provided.
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Mining Magazine, established in 1909 by Herbert Hoover, offers comprehensive technical insights into mining operations, supporting mine management in decision-making.
Author's summary: Fortescue Zero cuts hundreds of jobs.
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