Metals giant FortescueNews completes on Williams Advanced Engineering deal
Fortescue and WAE have been working together for nearly a year to develop a battery for an electric mining truck. This could be instrumental in reducing emissions across the heavy industrial sector, which Fortescue says accounts for more than 20% of global carbon emissions.
WAE CEO Craig Wilson said:"High-performance battery and electrification systems are at the core of what we do at WAE, and this acquisition and investment will enable the company’s further growth to support the delivery of zero-emissions products and services across existing sectors – such as automotive, motorsport and off-highway – and new sectors, too.
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