fintech / news / / Reuters
Iron ore mining giant Fortescue took delivery of its first major battery energy storage system in December 2025.
Fortescue installed a 250MWh BYD battery system in Pilbara, aiming for 5GWh by 2030.
KEY POINTS
- RheEnergise's Devon plant uses high-density fluid pumped hydro to power a kaolin mine on hills.
- Sandvik offers a 'battery-as-a-service' model, letting miners reduce energy costs and grid reliance.
- Fortescue acquired Zitara to manage battery storage control systems with advanced software.
- Tree Associates' AirBattery CAES system claims lower 30-year costs than lithium-ion but is still a prototype.
COMPANIES
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