Mt. Holly Smelter

Century Posts 19 Percent Jump In Net Sales During FY 2018

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...

Events

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 […]