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Century (CENX) Extends Power Contract for Grundartangi Smelter


Century (CENX) Extends Power Contract for Grundartangi Smelter
Zacks.com
3 hrs ago
Century Aluminum Company CENX has announced an agreement between Nordural Grundartangi ehf, its fully-owned subsidiary, and Landsvirkjun, the National Power Company in Iceland, to extend its existing 161-MW power contract by three years through 2026.
Per the terms, the extension will increase to 182 MW over time to make way for flexibility that is necessary to support the latest capacity creep requirements and growth opportunities in the future, thereby enabling the plant to create value-added products.
Century has acknowledged the efforts of the Landsvirkjun team on finalizing the agreement and noted that the partnership will cater to the rising power needs of Grundartangi brought by the recent capacity creep and also future growth prospects at the smelter. ....

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Century Aluminum Announces Power Contract Extension for its Grundartangi, Iceland smelter


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Century Aluminum Announces Power Contract Extension for its Grundartangi, Iceland smelter
Century Aluminum CompanyJuly 19, 2021 GMT
CHICAGO, July 19, 2021 (GLOBE NEWSWIRE) Century Aluminum Company (NASDAQ: CENX), announced today its wholly-owned subsidiary, Norðurál Grundartangi ehf, has successfully reached an agreement with Landsvirkjun, the National Power Company in Iceland, to extend its existing 161 MW power contract by three years through 2026. The extension will increase the contract to 182 MW over time to provide the necessary flexibility to support the most recent capacity creep requirements and future growth opportunities for value-added products at the plant. ....

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Century Aluminum Hosts Ribbon Cutting Ceremony with South Carolina Governor Henry McMaster and U.S. House Majority Whip James E. Clyburn


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CHICAGO, June 3, 2021 /PRNewswire/ Century Aluminum Company (NASDAQ: CENX) America s largest primary aluminum producer, today hosted a ribbon cutting ceremony to celebrate the planned 50% production capacity increase at its Mount Holly, South Carolina smelter, alongside a more than $60 million capital investment. The ribbon cutting ceremony also highlighted the creation of an additional 100 new aluminum jobs, bringing the total number of employees to over 400 at the Mt. Holly, SC smelter.
Today s ceremonial restart includes remarks by South Carolina Governor Henry McMaster, U.S. House Majority Whip James E. Clyburn, Santee Cooper CEO Mark Bonsall, Century CEO Mike Bless and Incoming Century CEO Jesse Gary. ....

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