Century Aluminum Co CENX

Metals & Mining Aluminum

Century Aluminum Company is a global producer of primary aluminum and operates aluminum reduction facilities, or smelters. The Company operates in the United States and Iceland. The Company's primary aluminum reduction facilities produce primary aluminum products. The Company's annual production capacity is approximately 1,016,000 tons per year (tpy). In addition to its primary aluminum assets, it owns a carbon anode production facility located in the Netherlands (Vlissingen). Carbon anodes are consumed in the production of primary aluminum. Vlissingen supplies carbon anodes to its aluminum smelter in Grundartangi, Iceland. Each of its aluminum smelters in the United States produces anodes at on-site facilities. Through its Natur-Al product line, it provides low-carbon aluminum products. The Grundartangi facility, located in Grundartangi, Iceland, is an aluminum reduction facility owned and operated by the Company’s wholly owned subsidiary, Nordural Grundartangi ehf.

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Century Aluminum Co

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Post by Betteryear2on Mar 25, 2024 8:46am

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Century Aluminum Selected by U.S. Department of Energy

CHICAGO, March 25, 2024 (GLOBE NEWSWIRE) -- Today, Century Aluminum Company (NASDAQ: CENX) (“Century”) was selected by the U.S. Department of Energy (“DOE”) Office of Clean Energy Demonstrations to begin award negotiations for up to $500 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding to build a new aluminum smelter as part of the Industrial Demonstrations Program (“IDP”). Century’s Green Aluminum Smelter Project is one of 33 projects across more than 20 states to receive funding designed to demonstrate commercial-scale decarbonization solutions needed to move energy-intensive industries toward net-zero while strengthening local economies, creating, and maintaining high-quality jobs, and slashing greenhouse gas emissions.

Century Aluminum Selected by U.S. Department of Energy to (globenewswire.com)

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