Century Aluminum

Century Files Suit Against Santee Cooper Over Electricity Supply for Mt. Holly Smelter

Century Files Suit Against Santee Cooper Over Electricity Supply for Mt. Holly Smelter

The fight to keep Century’s smelter at Mt. Holly running was taken to federal court yesterday, as the firm filed suit against state-owned South Carolina Public Service Authority, known colloquially as Santee Cooper, alleging violations of state and federal antitrust laws. Century’s...

Events

AEC Joins China Trade Task Force

North American aluminium extrusion trade group Aluminum Extruders Council has signed on with the China Trade Task Force (CTTF) and its call to the United States and other global players to take action against the runaway overcapacity of aluminium flowing out of smelters from within the People’s Republic of China. “As an off-take for its […]

Century’s Bless Presses On in Defense of Domestic Aluminium Industry

Century Aluminum’s CEO Michael Bless has been on a mission to combat what he (and many other experts) believes is the unfair manipulation of the global aluminium market by the People’s Republic of China. His fight, and plight, was detailed in an article by Bloomberg this week. Although he has had difficulty gaining traction, he […]

Century Aluminum Reports Lower Numbers, Largely Due to Curtailments in Production

Chicago’s Century Aluminum reported second quarter numbers on Thursday. The firm’s just-ended quarter was a challenging one, as they turned in a net loss of US$9.5 million for that time period. However, Century’s numbers year-on-year are an improvement, as it reported a loss of US$33.9 million in Q2 2015. According to Century, a US$4.9 million […]

Century Aluminum Inks New Market-Based Power Agreement for Imperiled Mt. Holly Plant

Chicago’s Century Aluminum announced Wednesday that it has come to a new agreement with a third-party power supplier to provide enough electricity to meet approximately three-quarters of its Mt. Holly, South Carolina, plant. According to the relevant press release, Santee Cooper would provide the remaining one quarter of the plant’s power needs. As a result, […]

Century’s Earnings Down for the First Quarter

Century Aluminium reported first quarter earnings on Thursday, turning in a net loss of US$16.2 million in the challenging opening months of the year. The Chicago-based firm cites the continuing manipulation of the global aluminium market by the People’s Republic of China. Adjusting for a lower of cost or market inventory of US$5.8 million, the […]