Key Developments: Century Aluminum Co (CENX.OQ)

CENX.OQ on NASDAQ Stock Exchange Global Select Market

24.73USD
19 Dec 2014
Price Change (% chg)

$0.24 (+0.98%)
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Latest Key Developments (Source: Significant Developments)

Century Aluminum completes acquisition of Mt. Holly, SC Smelter
Monday, 1 Dec 2014 04:01pm EST 

Century Aluminum Co:Says its wholly owned subsidiary has completed its transaction with Alcoa to acquire full ownership of the Mt. Holly aluminum smelter.Says Mt. Holly, located in Berkeley County, South Carolina, employs about 600 people and has an annual production capacity of 229,000 metric tons of primary aluminum.  Full Article

Century Aluminum announces agreement to acquire full ownership of Mt. Holly Smelter
Thursday, 23 Oct 2014 04:01pm EDT 

Century Aluminum Co:Announced that its wholly owned subsidiary has entered into a definitive agreement to acquire Alcoa's 50.3 pct stake in the Mt. Holly aluminum smelter. Mt. Holly, located in Berkeley County, South Carolina.Following the closing of the transaction, Century will own 100 pct of Mt. Holly.  Full Article

Century Aluminum Co appoints new CFO
Monday, 16 Jun 2014 04:45pm EDT 

Century Aluminum Co:Appoints Rick T. Dillon as Executive Vice President and Chief Financial Officer of Century.  Full Article

Century Aluminum Co's Century Aluminum of Kentucky Receives Positive Ruling on Hawesville Power From Kentucky Public Service Commission
Wednesday, 14 Aug 2013 08:00pm EDT 

Century Aluminum Co's Century Aluminum of Kentucky announced that the Kentucky Public Service Commission has approved agreements among Century Aluminum, Big Rivers Electric Corporation and Kenergy that will allow Century to purchase market-priced power for the Hawesville aluminum smelter beginning August 20, 2013. While these agreements remain subject to certain conditions, as well as approvals from various third parties, they will allow for continued operation of the Hawesville smelter following the expiration of the current power contract on August 19, 2013.  Full Article

Century Aluminum Co Completes Acquisition Of Sebree, KY Smelter
Monday, 3 Jun 2013 09:30am EDT 

Century Aluminum Co announced that its wholly owned subsidiary has completed the transaction with Rio Tinto Alcan, Inc. to acquire substantially all of the assets of the Sebree aluminum smelter. The Sebree smelter, located in Henderson County, Kentucky, employs over 500 people and has an annual production capacity of 205,000 metric tons of primary aluminum. Terms of the transaction were not disclosed.  Full Article

Century Aluminum Co Announces Agreement To Acquire Assets Of Sebree, KY Smelter
Monday, 29 Apr 2013 09:20am EDT 

Century Aluminum Co announced that wholly owned subsidiary has entered into a definitive agreement to acquire substantially all of the assets of the Sebree aluminum smelter from a subsidiary of Rio Tinto Alcan, Inc. Sebree, located in Henderson County, Kentucky, employs over 500 men and women and has an annual production capacity of 205,000 metric tons of primary aluminum. Pursuant to the terms of the agreement, Century will acquire the smelter for $61 million in cash (after $4 million in purchase price deductions) and will receive $71 million in working capital. As part of the transaction, RTA will retain all historical environmental liabilities of the Sebree smelter and has agreed to fully fund the pension plan being assumed by Century's subsidiary at closing.  Full Article

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