In 2012 Konecranes introduced a hybrid power option for its RTGs (Rubber tyred gantry crane). With the help of new hybrid (diesel/electric) power sources for RTGs, diesel consumption at ports can be reduced by over 60 percent. The first "electrified rubber-tyred gantry cranes" (ERTG) in the United States were unveiled by the Georgia Ports Authority (GPA) in December 2012. The new technology reduces fuel consumption by an estimated 95 percent. GPA developed the new ERTG system together with Konecranes, Conductix-Wampfler and Georgia Power. In October 2012 3 sixteen-wheeled RTGs were delivered to the Slovenian Luka Koper Container Terminal, which is the largest such terminal in the Northern Adriatic and which has more than ten machines from Konecranes in use. During the same year Konecranes won a tender to supply its CXT Wire Rope Hoists to CITIC Pacific’s Sino Iron project worth $5 billion. The project in Western Australia's Pilbara region is the largest magnetite iron ore mining and processing project in Australia.