Century Aluminum Subsidiary Terminates Power Contract with Big Rivers Electric
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.
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