Tata Steel UK Secures £500 Million Grant Agreement with UK Government for Port Talbot Project.

Economy Business

Tata Steel UK has signed a £500 million grant agreement with the United Kingdom government to support its Port Talbot project. The funding is aimed at transforming the Port Talbot steelworks, one of the largest steel production sites in the UK, into a more sustainable and eco-friendly facility. The project focuses on reducing carbon emissions and transitioning towards greener production methods. This partnership is part of the UK government’s broader effort to decarbonize heavy industries and achieve its net-zero targets. The investment will also help secure thousands of jobs in the steel industry and boost the local economy.


      The funding will support advanced technology implementation for sustainable steel production.

      The project aims to significantly cut carbon emissions at Port Talbot steelworks.

     

 

     


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Prime minister: Keir Starmer
Capital: London
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