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The company explained that the delay in submission was due to a late response to loss data related to the bankruptcy of its major customer, European battery manufacturer Northvolt. The Korea ...
Structural geology is the study of the deformation of the surface and subsurface of the Earth and other planetary bodies. This deformation reflects past changes in local and regional stress and ...
Now we know. Following Northvolt's bankruptcy, the factory will lose more than half its workforce. What was once Sweden's great green industrial hope now faces potential collapse. For Skellefteå, ...
Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be laid off. “Despite significant reductions, it is positive that the ...
COPENHAGEN, March 31 (Reuters) - Northvolt's bankruptcy trustee said on Monday it had reached an agreement in principle with key stakeholders in the electric vehicle battery maker for financial ...
Semafor reported that Nippon Steel and U.S. Steel are in talks with the Trump administration for the Japanese company to raise its $2.7 billion planned investment in the US firm's facilities.
The federal government failed to consult the MCK ahead of its decision to commit funding to Northvolt, the Swedish company behind the project. Given that funding was committed pursuant to a federal ...
Northvolt declared bankruptcy in Sweden on March 12. Its North American subsidiary remains active, but its future now rests in the hands of the trustee appointed by a Swedish court to oversee the ...
The $270 million invested by Quebec in Northvolt’s parent company in Sweden is no longer worth anything, the government confirmed. “We believe the value of this amount is lost,” Christine Fréchette, ...
British Steel is launching a consultation that could see the closure of its two blast furnaces at Scunthorpe, putting up to 2,700 jobs at risk out of a workforce of 3,500. The company said the ...