Job Cuts at Fortescue Zero
Hundreds of jobs will be lost at Fortescue's battery-making arm, Fortescue Zero.
The miner has decided to manufacture batteries for its haul trucks in China instead.
One of the Fortescue Zero battery-powered haul trucks
This decision follows a $4 billion deal signed by Fortescue.
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Author's summary: Fortescue Zero to cut hundreds of jobs.