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Fortescue

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The World’s Biggest EV? How Electric Haul Trucks Are Saving Fortescue $400 Million a Year

Heavy industry is often seen as one of the hardest sectors to decarbonize. But mining giant Fortescue is proving that switching to electric isn’t just possible—it’s already making economic sense.

At its massive iron ore mines, Fortescue has begun deploying Liebherr’s T264 battery-electric haul trucks. These giants stand taller than a double-storey house, weigh 176 tonnes, and can carry a staggering 240 tonnes of ore—all without burning a drop of diesel.

💡 A Smart Business Move
By replacing fossil-fueled trucks with battery-powered ones, Fortescue is already saving between $300-400 million per year in avoided fuel costs alone. That’s not just good for the climate—it’s a financial no-brainer.

🔋 Next-Level Charging Technology
These electric haulers are powered by a 3.2 MWh battery, charged in just 30 minutes by a 6 MW ultra-fast charger—the world’s most powerful EV charger, currently under development by Fortescue.

🚜 Autonomy + Zero Emissions
Not only are these trucks emissions-free, but they also drive autonomously, increasing safety and efficiency on-site.

🚀 A $4 Billion Commitment to “Real Zero”
Fortescue has placed an order for 360 electric haul trucks in a $4 billion deal with Liebherr. Unlike many corporations that rely on carbon credits and offsets to claim “net zero,” Fortescue is committing to real zero emissions across its Australian iron ore operations by 2030.

And this is just the beginning. The battery-electric power systems for these trucks are being developed by Fortescue Zero in the UK, a contract worth over $1 billion—not just for Fortescue’s fleet, but for third parties looking to electrify as well.

🌍 A Game-Changer for Mining and Beyond
Fuel and energy costs are the largest operating expenses for Fortescue—and its biggest source of emissions. By going electric, it’s tackling both challenges at once.

This isn’t the future of mining—it’s happening right now. And the message is clear: electrification isn’t just good for the planet—it’s great for business.

Great job Forescue!

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Source:
https://reneweconomy.com.au/fortescue-strikes-4-billion-deal-for-electric-trucks-and-dozers-to-eliminate-fossil-fuels-at-giant-mines/#google_vignette


https://www.linkedin.com/posts/gavinmooney_mining-energy-sustainability-activity-7300269192270725121-PKn8/?utm_source=share&utm_medium=member_ios&rcm=ACoAAABXzeABl08stEIplSI-9m0UJokWaVTbBLE


📷 Image credit: Liebherr

Do you agree?

139 more agrees trigger scaled up advertising

  • Sarah Chabane

    1 w

    Impressive thing for sure! 😲

    • Boniface Kuria

      2 w

      These big earth movers to going electric is a really game changer in the mining industry.

      1
      • We Don't Have Time

        2 w

        Dear Ingmar Rentzhog Your climate love has received over 50 agrees! We have reached out to Fortescue by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

        • walter lungayi

          2 w

          This is indeed a great master piece of innovation. #RenewableEnergyIsTheFuture.

          1
          • Sally Wangari

            2 w

            This is encouraging clean, green energy transition, affordable, innovation highly used in mining.

            2
            • Thomas Tienso

              2 w

              Also something for LKAB to buy. Great work Fortescue 👍

              1
              • Videlis Eddie

                2 w

                This is evidence that going electric has a lot of benefits both economically and environmentally

                2
                • Millicent Olale

                  2 w

                  Great innovations towards green energy

                  2
                  • Rashid Kamau

                    2 w

                    A great example of how clean energy solutions are not just good for the planet but also for business

                    2
                    • Grace Njeri

                      2 w

                      Fortescue’s shift to electric haul trucks shows that decarbonization and profitability can go hand in hand

                      4
                      • Peter Karanga

                        2 w

                        great transition towards adopting greenn techonologies

                        7
                        • Tabitha Kimani

                          2 w

                          This is amazing. The reduction of emissions and saving costs should be the driving force. For sure with commitment We Can Do It.

                          8
                          • Ann Nyambura

                            2 w

                            @tabitha_kimani Who said mining can’t go green?

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