16
Sep
Tata Steel today said the UK government has agreed to support its planned investment of £1.2 billion to improve infrastructure at its Port Talbot plant.In a media statement issued on Friday, the company is expected to receive a grant of up to £500 million from the UK government. The partnership aims to develop environmentally sustainable steel production and will be the largest investment proposal received by the UK steel industry in decades. "The proposed investment will save significant employment and present a great opportunity to develop a green technology-based industrial ecosystem in South Wales. We look forward to working responsibly…
