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...
Mt. Holly Smelter
Century’s Mt. Holly Smelter Again At Risk Of Closure In Absence Of New Power Deal
American aluminium maker Century Aluminum said in a filing to the SEC on Friday that obtaining a more friendly power agreement is critical to the future of its smelter in Mt. Holly, South Carolina. In its annual 10-K filing, the firm said...
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...
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...
Events
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 short last week in the state’s legislature. A bill introduced late last month that would allow the smelter to obtain the entirety of its electrical power on the open market met its fate in the […]
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, […]
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
