Tata Steel: Port Talbot

Debate between Viscount Waverley and Baroness Swinburne

Wednesday 7th February 2024 Lords Chamber

[Baroness Swinburne (Con)]

I thank the noble Lord. The Port Talbot transformation project does not prevent further technologies being deployed over time. We are paying careful attention to the international developments, particularly the hydrogen and DRI systems, such as the Tata Steel project in the Netherlands. Ultimately, this technology has not yet reached commercial activity, but when it does reach that maturity, we will look at it closely.

[Viscount Waverley (CB)]

My Lords, Tata has multiple interests beyond steel. Are the Government looking at its operation in total and perhaps encouraging a package deal that takes into account all its other interests that impact this country internally?

[Baroness Swinburne (Con)]

I thank the noble Lord. Yes, I understand that Tata is being spoken to as a global entity by various government departments, and it announced last year that it was going to invest very heavily in the gigafactory.