23
Jun
13:06
Nikola investing $50m in Indiana hydrogen project
Nikola Corp is investing $50 million in cash and stock in an Indiana energy project to convert waste products into hydrogen to fuel its trucks, Kallanish reports.
The deal will provide Arizona-based Nikola with a 20% stake in the multi-product project in Terre Haute, Indiana, that is being directed by Indiana-based Wabash Valley Resources LLC. The project will use solid waste products such as petroleum coke combined with biomass to provide clean, sustainable hydro…
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Anonymous
Very good overview of the weekly steel market.
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