The facility will be built at its Koblenz, Germany plant and will expand the company's ability to meet the needs of the aerospace market.

Aluminum-lithium alloys enable aircraft manufacturers to increase fuel efficiency through the weight reduction provided by aluminum while maintaining strength, and corrosion and fatigue resistance.

The new facility will be able to cast full-scale ingots for trials as well as for serial production of aluminum-lithium products.

The design of the facility will also l facilitate development of new ‘conventional’ alloys to provide customers with the most advanced and sustainable solutions. The company expects to begin production in the new casting facility in the first quarter of 2013.