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Tata Steel, UK government announce 1 25 billion pound joint investment plan

United Kingdom | Tata Steel to get £500 million from United Kingdom, as many as 3000 jobs at risk

Total funding package for Britain’s biggest steel works includes £750 million investment from Tata to pay for the switch to lower-emission electric arc furnaces from current coal-powered methods

UK Agrees Major Joint Investment Plan with Tata Steel for Welsh Steelworks

As part of the agreement, Tata Steel is expected to invest GBP 1.25 billion, including the government grant, in a new Electric Arc Furnace and related facilities for greener steel production at Port Talbot in South Wales

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