The company is struggling to find investors willing to fund efforts to build giant £3.8bn ‘gigafactory’ in the northeast of England.
The company is struggling to find investors willing to fund efforts to build giant £3.8bn ‘gigafactory’ in the northeast of England.
A lot going on across the resources sector this week, here are this week’s Share Talk updates.
Northumberland’s new “gigafactory” will employ 3,000 people. It is the first such facility in the UK.
Friday’s FTSE 100 index was higher than usual. This is mainly due to gains by US stocks, which were again boosted Wednesday by weaker-than-expected US inflation numbers.
According to internal documents, the construction of an enormous electric car battery factory has attracted tens and millions of pounds in taxpayer cash.
Bloomberg reported that Glencore Plc has made a 40 million-pound ($54.2 Million) investment in Britishvolt Ltd. for the development of Britain’s first large-scale electric vehicle battery plant.
Manufacturer Britishvolt has announced that it has signed an MOU with the Welsh Government as both parties work together on plans to develop a commercially viable 30 GWh battery manufacturing