UK plans $1.25 bln investment in lithium battery capacity

July 04, 2020 / www.metalbulletin.com / Article Link

On Tuesday June 30, UK Prime Minister Boris Johnson laid out plans for the country to invest as much as ?1 billion ($1.25 billion) in battery manufacturing.

"We are making additional funding available this year to attract investment in 'gigafactories', which mass-produce batteries and other electric-vehicle components, enabling the UK to lead in the next generation of automotive technologies," Johnson said.

He announced ?10 million of immediate funding for research and development in the battery and electric motor...

Recent News

Immediate trigger for crash was new Fed Chairman pick

February 02, 2026 / www.canadianminingreport.com

Gold stocks slump on metal price decline

February 02, 2026 / www.canadianminingreport.com

Is the gold market starting to turn 'irrationally exuberant'?

January 26, 2026 / www.canadianminingreport.com

Gold stocks explode up as equity markets languish

January 26, 2026 / www.canadianminingreport.com

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok