04:26 AM EDT, 07/23/2024 (MT Newswires) -- Constellium SE ( CSTM ) said Tuesday it signed a long-term deal to supply foilstock to Lotte Infracell for its battery foil applications.

The company will supply foilstock from its facility in Singen, Germany.

Additionally, the company said it plans to invest 30 million euros in new finishing lines to enhance production at the facility, which will create 20 additional jobs.