Constellium Ravenswood selected by US Department of Energy to receive $75 million investment to deploy low to zero carbon technology - Seite 2

“We are proud to partner with the federal government to accelerate zero-carbon technologies and reduce carbon emissions”, said Brian E. McCallie, Vice-President of Constellium Rolled Products Ravenswood. "This investment will not only support our facility in Ravenswood, a long-term supplier of the aerospace and defense industry, but also contribute to the community we proudly serve.”

Constellium Ravenswood will now enter negotiations on the specific terms of the investment, including operational milestones, and timing of access to funds throughout the life of the project, estimated to be approximately five years. The final details of the project investment are subject to these negotiations.

About Constellium

Constellium (NYSE: CSTM) is a global sector leader that develops innovative, value-added aluminium products for a broad scope of markets and applications, including aerospace, automotive and packaging. Constellium generated €7.2 billion of revenue in 2023.

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