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U.K. agrees major joint investment plan with Tata Steel for Welsh steelworks

U.K. agrees major joint investment plan with Tata Steel for Welsh steelworks
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Tata Steel, UK govt ink 1.25 billion pound JV

The United Kingdom on Friday announced a joint investment package with Tata Steel worth 1.25 billion pounds, including a government grant of 500 million pounds, for the country s largest steelworks in Wales that will help protect thousands of jobs and boost the British economy.

The government s grant has been dubbed as one of the largest British government support packages in history and a defining moment for the country s steel industry. ....

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