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FMG acquires engineering firm

FORTESCUE Metals Group has announced the £164 million acquisition of UK-based Williams Advanced Engineering, an offshoot of the Williams F1 team founded by the late Sir Frank Williams CBE.

Kristie Batten
Andrew Forrest and Julie Shuttleworth on an electric haul truck at FFI's headquarters in Hazelmere

Andrew Forrest and Julie Shuttleworth on an electric haul truck at FFI's headquarters in Hazelmere

WAE, a world-leading player in high-performance battery systems and electrification, will become part of FMG subsidiary Fortescue Future Industries. WAE will bring its technology to FFI, which will...

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