China Records Its Largest Export Order for Eco-Friendly Mining Machinery

China's Record-Breaking Eco-Friendly Mining Machinery Deal

In a significant move towards sustainable mining practices, XCMG Machinery (SHE:000425), a global leader in construction equipment, has recently solidified a monumental partnership with Fortescue Metals Group, one of the world's largest iron ore producers. This collaboration marks China's largest export order for eco-friendly mining machinery, a pivotal step in the ongoing transition towards a greener mining industry.

On September 27, 2025, in a ceremonial signing held in Beijing, Yang Dongsheng, Chairman of the XCMG Group, and Dr. Andrew Forrest, CEO of Fortescue, came together to ink a strategic agreement focused on innovative solutions utilizing environmentally friendly machinery. Under this contract, XCMG is set to supply between 150 and 200 battery-electric 240-ton dump trucks to Fortescue, a landmark deal that is expected to cover almost half of Fortescue's future demand for battery-electric dump trucks, essential for their iron ore mining operations.

The timing of this announcement coincided with Fortescue's formal declaration at the United Nations General Assembly in New York, reflecting the growing global commitment towards achieving carbon neutrality. Fortescue has emerged as a leader in the mining sector, setting ambitious goals to fully decarbonize its operations by 2030. This goal includes the elimination of fossil fuels from their iron ore production processes, a commitment that aligns seamlessly with the vision XCMG promotes for carbon-free and smart mining initiatives.

As the mining industry undergoes a green revolution, the importance of transitioning to a carbon-neutral economy has become a shared objective. The partnership between XCMG and Fortescue exemplifies a dedication to fostering advanced practices in eco-friendly mining that cater to the urgent demands of climate change.

This collaboration is not the first of its kind for XCMG and Fortescue. At bauma CHINA in November 2024, both companies had already set a record with an earlier contract for electric mining machinery, demonstrating a growing trust and recognition of each other’s capabilities. The culmination of this latest agreement not only showcases the expanded scale of their partnership but also highlights Fortescue's endorsement of XCMG's innovative strength throughout the entire eco-friendly mining value chain.

The significance of this alliance extends beyond individual contracts. It underlines the integral role XCMG plays in accelerating the commercialization of industrial decarbonization for Fortescue. With XCMG providing state-of-the-art mining machines and advanced technologies, the partnership is positioned to drive noteworthy sustainable development within the global mining sector.

From the pioneering best-practice model of intelligent mining at the Yimin Mine by China Huaneng to XCMG’s mining machinery supplying sites in Africa, Europe, and America, XCMG's commitment to leadership in environmentally sustainable practices has been recognized. The company was honored with the 'Decarbonising Mining Award 2025,' further solidifying its status as one of the top four manufacturers of surface mining equipment globally.

XCMG’s guiding principle, ‘Engineering Technology Leads, Equipment Shapes the Future,’ aims to provide customers with added value as they navigate their paths toward sustainability.

Together, XCMG and Fortescue are not only forging a strong partnership but also paving the way for innovations in carbon-friendly technologies and promoting the development of new energy sectors. They aspire to tackle global climate challenges collaboratively, fostering solutions that drive ecological progress in the mining industry.

In essence, this partnership signifies a commitment to planting the seeds for green growth and hope, locking down opportunities for sustainable mining practices. As they embark on this journey towards a carbon-neutral mining industry, XCMG and Fortescue are establishing higher standards for an environmentally conscious future, benefitting future generations and creating a better home for humanity.