Cheaper power is key to Mount Holly: Century

Nov 05, 2013 | 10:30 PM | Michael Cowden

Tags  Century Aluminum, Michael Bless, Mount Holly plant, South Carolina plant, Alcoa, Santee Cooper, smelter, casthouse ingot

CHICAGO — Century Aluminum Co. said a cheaper power contract is necessary to keep its jointly owned smelter in Mount Holly, S.C., in production.

"This is a terrific plant. But thus far, the long-term power costs the utility has been showing us don’t support the operations of any smelter," Century president and chief executive officer Michael A. Bless said Nov. 4 during an earnings conference call with analysts.....

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