Deal signals the end of plans to build £3.8bn gigafactory in Northumberland
Development at the Gravity Smart Campus will be anchored by Jaguar Land Rover
Australia’s Recharge Industries has failed to pay for the Blyth site
Funding is being sought to bring forward the £750m project
Salamanca Group owns the site near Bridgwater
Australian police have raided the offices of Recharge Industries’ parent, Scale Facilitation
Ministers are working hard to secure the deal
The proposed gigafactory could be built in Somerset or Spain
Sale of majority stake could save plans for the £3.8bn gigafactory
Green Lithium wants to have the plant up and running by 2025
Delays starting building works on the £3.8bn scheme led to government pulling the plug
The Tritax-backed battery business has lined up administrators