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Fortescue buys UK’s Williams Advanced Engineering for $309 million
Mining giant Fortescue has bought UK-based company Williams Advanced Engineering (WAE) for around $309 million (£164 million) as it looks to de-carbonise its mining operations. The Formula One-adjacent firm is prized for its battery technology which Fortescue wants to deploy among its fleet of mining vehicles as part of its net-zero by 2030 target. Fortescue… Read more »
