Glencore stake boosts Britishvolt’s £4bn plans for battery factory
UK’s first large-scale battery producer welcomes partnership with major cobalt miner
Mining giant Glencore has agreed to buy a stake in Britishvolt, the startup with plans to invest £4bn building the UK’s first large-scale battery factory to help accelerate the rollout of electric vehicles.
Glencore said it had made an undisclosed investment in the company as part of a long-term strategic partnership with Britishvolt to supply cobalt to its pioneering battery “gigafactory” in Northumberland.



