Century, Rio Tinto resume talks with Big Rivers
Mar 29, 2013 | 02:39 PM
| Michael Cowden
CHICAGO Century Aluminum Co. and Rio Tinto Alcan are in discussions with Big Rivers Electric Corp. about the aluminum producers smelters in Kentucky potentially tapping the open market for power, a spokesman for the utility said.
The move comes after a bill backed by Monterey, Calif.-based Century seeking to legislate the issue effectively died when the Kentucky legislature ended its session on March 26 without voting on the matter.
"Since the session ended, we have resumed talks with Century and Rio Tinto Alcan to work towards an equitable solution to allow them to access market power," the spokesman for Henderson, Ky.-based Big Rivers said in a March 29 e-mail to AMM. "Actually, the smelter legislation stalled progress on negotiations."....
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