Profitable Fortescue electrified by green cost savings

profitable-fortescue-electrified-by-green-cost-savings
MANAGEMENT

‘World’s lowest-cost iron ore miner’ suggests new electrified fleet can cut expenses by 20%

An electric train in action in WA

An electric train in action in WA | Credits: Fortescue

Fortescue’s much-sledged investments in green technologies have helped the self-proclaimed “world’s lowest-cost iron ore miner” boost margins by delivering structural changes in costs amid stronger sales…

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