Constellium SE (NYSE: CSTM) announced that it is leading a new R&D initiative in France, Project ISA3*. In partnership with Groupe Renault, ESI Group, Institut de Soudure (Welding Institute), and the University of Lorraine, this ~ €7 million project will develop lightweight, recyclable and cost-efficient aluminium solutions for the automotive market.
Project ISA3 aims to further lightweight vehicles by accelerating automakers’ transition from steel to aluminium. The project will focus on alloys and solutions that enable closed loop recycling.
“We are very excited about Project ISA3 and the opportunity to further demonstrate Constellium’s commitment to providing sustainable solutions to its automotive customers. We believe this project will advance aluminum’s position in the automotive market as manufacturers seek to reduce carbon emissions and expand their electric vehicle offerings. This partnership with a strategic customer allows us to explore solutions that can apply to a wide range of vehicles and deliver both environmental and economic benefits,” said Jack Clark, Senior Vice President, Manufacturing Excellence and Chief Technical Officer. “Further, working with our partners on end-of-life recycling is an exciting opportunity to reduce the environmental impact of the entire automotive aluminum supply chain.”