Constellium Completes First Hydrogen Casting, Pioneers Path to Green Technology
Portfolio Pulse from Benzinga Newsdesk
Constellium SE (NYSE:CSTM) has successfully completed its first industrial-scale hydrogen casting, marking a significant step towards decarbonizing its industrial activities. The 12-ton aluminium slab produced will be used in electric vehicles, and the company is involved in various projects to advance hydrogen technologies for industrial decarbonization.
July 15, 2024 | 9:32 am
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Constellium SE has completed its first industrial-scale hydrogen casting, a significant milestone in its decarbonization efforts. The 12-ton aluminium slab produced will be used in electric vehicles, showcasing the company's commitment to sustainability and innovation in green technologies.
The successful hydrogen casting demonstrates Constellium's commitment to sustainability and innovation, which is likely to positively impact investor sentiment and the company's stock price in the short term. The use of the aluminium slab in electric vehicles aligns with growing trends in green technology and decarbonization.
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