XCMG(SZ:000425) Zhong Guo Jing Ying Bao·2025-09-26 08:43Core Insights - The largest green mining machinery export order in China has been signed between Fortescue and XCMG, marking a significant milestone in the green mining sector [2][3] - The agreement involves the supply of 150 to 200 units of 240-ton pure electric mining trucks from XCMG to Fortescue, aimed at supporting Fortescue's goal of zero carbon emissions by 2030 [2][3] Group 1: Company Collaboration - The strategic cooperation agreement was signed during a ceremony in Beijing, highlighting the ongoing partnership between XCMG and Fortescue [2] - This order represents a significant upgrade in the scale of collaboration, reflecting global mining giants' recognition of Chinese companies' innovative capabilities in the green mining sector [3] Group 2: Industry Context - Fortescue, one of the largest iron ore producers globally, has set a target to completely decarbonize its operations by 2030, aligning with the industry's shift towards green practices [3] - The partnership aims to accelerate the commercialization of industrial decarbonization, contributing to high-quality and sustainable development in the global mining industry [3]