The four major international mining giants, BHP Billiton, Rio Tinto, Vale, and Fortescue Metals Group, have recently released their latest financial reports, with their transportation volume increasing and energy transformation and decarbonization accelerating. In the current context of resource price fluctuations and changes in the global economic situation, the performance of these four giant companies is seen as a barometer reflecting industry development. The reporter noticed that during their respective reporting periods, the iron ore shipments of mining giants increased year-on-year. At the same time, investment in energy transformation and decarbonization has become a key capital expenditure focus for various mining enterprises.