Job Cuts at Fortescue Zero
Hundreds of jobs are to be cut from Fortescue's battery-making arm, Fortescue Zero.
The decision comes after the miner chose to manufacture batteries for its haul trucks in China instead.
Background
Fortescue Zero is the battery-making arm of Fortescue, a mining company.
The company had previously planned to manufacture batteries for its electric trucks in-house.
Reason for Job Cuts
The decision to move battery manufacture to China has resulted in significant job losses.
One of the Fortescue Zero battery-powered haul trucks
was previously showcased as part of the company's efforts to transition to electric vehicles.
About Mining Magazine
Mining Magazine provides comprehensive technical insight into mining operations, established in 1909 by Herbert Hoover.
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Author's summary: Fortescue Zero cuts hundreds of jobs due to battery manufacture relocation.