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Fortescue acquires Williams Advanced Engineering

Australian mining company Fortescue Metals Group is acquiring Williams Advanced Engineering (WAE), the engineering and battery company founded by Formula One team Williams, for £164 million. Fortescue wants to use Williams’ battery technology in goods trains and trucks, among other things. WAE’s critical battery technology will in turn enable Fortescue to realise its 2030 net-zero […] More…

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