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Terex Corporation Awarded $93 Million Order to Supply Mining Equipment to Fortescue Metals Group Ltd.

Publication: Business Wire
Publication Date: 13-FEB-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
WESTPORT, Conn. -- Terex Corporation (NYSE: TEX) is pleased to announce that it has been awarded orders by Fortescue Metals Group Ltd to supply fleets of both trucks and excavators to be used in a major start-up iron ore mining operation in Australia. The total value of the order is in excess of $93 million.

The equipment to be supplied includes some of the most up-to-date mining equipment available in the marketplace today, including the following:

* Twenty MT3700AC 205-ton capacity haul trucks

* Three RH170 excavators

* Four...



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