Century Signs Two-Year Power Deal With Santee Cooper To Power Mt. Holly Smelter
American aluminium smelter Century Aluminum announced the signing of a two-year power contract with the South Carolina Public Service Authority...
Mt. Holly Smelter
Century Posts 19 Percent Jump In Net Sales During FY 2018
American aluminium smelter Century Aluminum released results for the fourth quarter and full year of 2018 on Thursday. Though shipments and sales rose in both periods, elevated alumina prices weighed down financial numbers for both the quarter and the year. The fourth...
Citing Trump Tariffs, Century Slowly Ramping Up Operations At Mount Holly Plant
Though guarded, a sense of optimism has begun to return to Goose Creek, South Carolina, as production is slowly but...
Another Bill to Allow Century to Purchase Power on the Open Market for Mt. Holly Smelter Dies in Committee
A second attempt at obtaining a power rate reduction for Century Aluminum’s plant in Mount Holly, South Carolina came up...
Events
Federal Judge Rejects Century Aluminum’s Antitrust Argument in Case Against Santee Cooper
Century Aluminum finds itself in a precarious position after a court hearing on Friday in which the presiding judge affirmed that Santee Cooper is exempt from antitrust laws. The affirmation was made by U.S. District Court Judge Richard Gergel in the course of a hearing relating to an antitrust lawsuit brought by Century in an […]
Favorable Power Agreement May Result in Aluminium Capacity Restart: Century CEO Bless
Century Aluminum’s president and CEO told investors on Wednesday that his firm would instantly begin the process of reopening the 100 thousand metric tons per year of idled aluminium smelting capacity it has in the United States if the price it paid for power at its Mt. Holly smelter were lowered. Michael Bless made the […]
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 lawsuit alleges that Santee Cooper has been operating without meaningful state or federal […]
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 […]
International Aluminium 2019 Conference – Key Takeaways
The FastmaketsMB aluminium conference is the sequel to the Metal Bulletin aluminium conferences, which have traditionally been one of oldest and biggest aluminium events in the world. This year, the conference was held in Athens between 23 and 25 September and was ...
Electric Vehicles (EVs): outlook for sales and aluminium demand
After last year’s electric vehicles (EVs) sales increase of 72% year/year, to 2.02 million, this year’s growth is expected to ...
Are Things Finally Looking Up For The Aluminium Market?
Base metals prices recovered sharply in the first half of September, after a seasonal slump in August, as investors and ...
Zhongwang Fake Semis Prosecution May Slam The Door On Key Routes For U.S. Import Duty Avoidance
The global aluminium market has been watching the trials and travails of Chinese behemoth Zhongwang with intense interest for the ...
