Fortescue's $400 million machinery order from China is the largest ever
Australian mining company Fortescue is making headlines again, after placing a massive, $400 million order for more than 100 new electrical equipment from Chinese heavy machinery company XCMG (Xuzhou Construction Machinery Group). The deal is the largest single resource export deal in XCMG's history. The $400 million contract also marks XCMG's largest mining equipment program …
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