Tata Steel has begun work on an electric arc furnace at its Port Talbot site, aiming to reduce carbon emissions by 90%. Supported by a £500 million government grant, this project is crucial for the future of UK steelmaking and aligns with Labour's industrial strategy. The new furnace will secure 5,000 jobs, transitioning from traditional blast furnace operations to more sustainable electric steelmaking. The broader support package totals £580 million, which also aids displaced workers and the community. Tata Steel invests £1.25 billion, addressing previous financial losses from outdated blast furnaces.
"Work has officially begun on Tata Steel's electric arc furnace at its Port Talbot site, marking a pivotal moment in the future of UK steelmaking."
"The project, which is expected to cut the site's carbon emissions by 90 per cent, has been enabled by a £500 million grant from the UK government."
#tata-steel #electric-arc-furnace #uk-steelmaking #carbon-emissions #green-industrial-transformation
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