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Global heavy industry-focused carbon reduction company First Mode has signed an agreement to combine with Anglo American’s Nugen zero emission haulage solution.
Anglo-American-Nugen-Truck.png
The transaction, which values the combined business at about US$1.5 (A$2.2) billion, is expected to close in January and includes a $200 million equity injection from Anglo American.
Production 9% below analyst expectations
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