RE: BMO β Global Metals, Mining & Critical Minerals Conference7 Mar 2023 23:05
EU is going to support the RE plants in Poland, Estonia or the Nordic mines. UK government has abandoned the UK car industry, manufacturers are leaving and will leave. There is no chance of hitting the necessary UK content levels (i.e batteries) now, its too late now. UK needs six Giga factories and it has one (plus a half a Giga from AMTE).
The Gov has already shown its hand in funding Saltend and what it is, is entirely dependant on DD performed by the private sector.