Andrew Forrest's FMG acquires Williams Advanced Engineering in shift away from diesel
Diesel-powered mining vehicles will be a thing of the past within the decade for Andrew Forrest's Fortescue Metals Group (FMG) under its plan to decarbonise by 2030.
The iron ore miner announced yesterday it would acquire British engineering and technology company, Williams Advanced Engineering (WAE), in an effort to fast-track its decarbonisation plans.
FMG chief executive Elizabeth Gaines said the acquisition would assist the miner in substituting its entire diesel mining fleet by 2030, with the view to remove diesel from operations altogether in the future.
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