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The Independent UK
The Independent UK
National
Via AP news wire

Australian miner Fortescue reveals $6.2 billion carbon plan

AAP

Australian iron ore miner Fortescue Metals Group announced on Tuesday a $6.2 billion plan to eliminate fossil fuels and carbon emissions from its operations by the end of the decade.

The world’s fourth-largest iron ore producer expects to save $818 million a year from 2030 based on current prices of diesel, gas and carbon credits, said a Fortescue statement to the Australian Securities Exchange.

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