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Why China is now a major worry for Reserve Bank of Australia as iron ore prices halve in two months

Why China is now a major worry for Reserve Bank of Australia as iron ore prices halve in two months
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Fortescue s autonomous haul fleet surpasses two billion tonnes milestone

Date Time Fortescue’s autonomous haul fleet surpasses two billion tonnes milestone Fortescue Metals Group’s (Fortescue) autonomous haul (AHS) fleet has marked a significant milestone moving two billion tonnes of material, doubling the amount hauled since reaching the one billion tonne milestone in September 2019. In 2012, Fortescue was the first in the world to deploy Caterpillar Inc’s autonomous haulage technology on a commercial scale at its Solomon Hub operations and the multi-class fleet has since expanded across the Company’s Pilbara operations with a total of 193 autonomous trucks now in operation. Fortescue Chief Executive Officer Elizabeth Gaines said, “Fortescue is a leader in the implementation of autonomous haulage across our iron ore operations. Our fleet represents one of the largest in the world, with 79 trucks currently in operation at Solomon, 74 at Christmas Creek and 40 at Cloudbreak.

Hyzon Motors appoints investment, business development specialist as managing director, Australia and New Zealand

Hyzon Motors appoints investment, business development specialist as managing director, Australia and New Zealand
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