Grecian Magnesite's journey towards electrification continues

Grecian Magnesite S.A. (“GM”) moves ahead on the electrification path by replacing the company’s combustion-engine lift trucks with battery-powered ones.

Grecian Magnesite replaces gas and diesel production and logistics forklifts with electrically powered ones to reduce emissions and costs sustainably.

Electric industrial lift trucks work quietly and protect the environment and the welfare of our employees, especially when working in closed areas, as they do not emit harmful substances.

The first lift truck was delivered at Yerakini during October 2022, while the remaining fleet is scheduled to be gradually replaced by 2024.

Total CAPEX is expected to exceed €300k.