Constellium Announces Partnership with Tesem to "Closing the Loop" on Aluminium Recycling

Core Insights - Constellium has partnered with Tesem to promote sustainable aluminium production through the "Closing the Loop" initiative, emphasizing environmental impact reduction and circular economy practices [1][4]. Group 1: Partnership Details - The collaboration aims to create a closed-loop system for recycling high-purity aluminium, with Tesem enhancing its assets for efficient aluminium scrap processing [2]. - Both companies' R&D teams are working together to ensure the aluminium scrap meets quality standards and to adjust casting parameters for higher recycled material integration [2]. Group 2: Environmental Impact - The initiative will enable Constellium to supply Tesem with aluminium coils that have a significantly reduced carbon footprint, as recycling aluminium emits 95% fewer greenhouse gas emissions compared to primary metal production [3]. Group 3: Company Background - Constellium generated €7.2 billion in revenue in 2023 and is recognized as a global leader in developing innovative, value-added aluminium products across various markets, including aerospace, automotive, and packaging [6].