Century Aluminum Subsidiary Terminates Power Contract with Big Rivers Electric
Tickers: CENX
Century Aluminum Company (NASDAQ: CENX) announced today that its subsidiary, Century Aluminum of Kentucky, has issued a 12-month notice to terminate its power contract with Big Rivers Electric Corporation for its Hawesville, Kentucky smelter. During the 12-month notice period, Century is required to pay a demand charge for power, but is not obligated to continue operating the plant.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Partner Network