Century Aluminum

Century Aluminum Posts Lower Numbers for Q3

Century Aluminum Posts Lower Numbers for Q3

Chicago’s Century Aluminum reported third-quarter numbers yesterday. The firm’s numbers were down across the board, largely a reflection of a difficult market, higher raw materials costs, and stiffer competition from the People’s Republic of China. The company reported a net loss of...

Events

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 […]

Bill to Save Mt. Holly Smelter Dies in South Carolina House’s Committee

The latest and likely final effort to keep Century Aluminum’s Mount Holly plant running has failed according to a lawmaker in South Carolina’s House of Representatives. The subcommittee to which the bill was assigned on the lower house did not vote on it, signaling its likely end. “We gave all we could in 2012 and […]

US Government to Investigate Imports of Cheap Aluminium, Including Fake Semis

The United States International Trade Commission announced on Wednesday that it is launching an investigation of the country’s aluminium industry and worldwide trade in aluminium, which experts say is in response to, among other things, the People’s Republic of China’s practice of trading in fake semis. The ITC’s investigation is the first step in the […]