Century to acquire Zalco’s anode facility

Jun 11, 2012 | 02:13 PM | Suzy Waite

Tags  Century Aluminum, Grundartangi, Helguvik, Michael Bless, Suzy Waite

NEW YORK — Century Aluminum Co. has agreed to purchase the anode production assets of Zeeland Aluminum Co. (Zalco) for €10 million ($12.5 million) in cash through wholly owned subsidiary Century Anodes BV.

The Monterey, Calif.-based aluminum producer plans to spend around $45 million to modernize the curtailed anode facility, located in Vlissingen, the Netherlands, and aims to restart anode production in the third quarter of 2013.....

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