Battery, Mining and Industries

Copper demand is on the rise, driven in large part by the global energy transition and the sustainable urbanization of emerging economies.

In a groundbreaking move that promises to reshape the future of battery manufacturing, Verkor has secured significant green financing for its new Gigafactory in Dunkirk, France, propelling the company into a new phase of growth.

H2 Green Steel, the first large-scale project in the green steel sector, recently announced completion of a financing package of more than EUR 6bn.

As Europe transitions to electric cars and, with the end of sales of new internal combustion engine cars in 2035, the need for electric batteries to support the transition is growing.

Being one of the first of its kind in the Hauts de France region, the AESC gigafactory project will contribute to accelerate France’s energy transition and decarbonization efforts as well as reindustrialization, by scaling up the battery technology production needed for the accelerating pace of vehicle electrification.