Job Cuts at Fortescue Zero
Hundreds of jobs will be lost at Fortescue's battery-making arm, Fortescue Zero.
The decision comes after the miner opted to manufacture batteries for its haul trucks in China instead.
Fortescue had previously signed a $4 billion deal, but details on the impact of this deal are not available due to access restrictions.
One of the Fortescue Zero battery-powered haul trucks | Credits: Noel Dyson
Mining Magazine, established in 1909 by Herbert Hoover, provides technical insights into mining operations, including techniques, technologies, and logistics.
Author's summary: Fortescue Zero to cut hundreds of jobs due to battery manufacturing move to China.