Tinto Alcan Inc. has been unable to negotiate a commercial
agreement to source product from Century Aluminum Co.s
Sebree, Ky., smelter and casthouse beyond year-end, the company
"It was our strong
desire to work out an arrangement with Century Aluminum in
which Rio Tinto Alcan would continue to source product for our
valued Sebree customers in 2014 and beyond," the Montreal-based
aluminum producer said in a Sept. 17 letter to customers.
"However, these negotiations did not result in an
Rio Tinto Alcan will
now work to supply customers from its own smelter network, it
said, adding that it would honor all current commercial
agreements for sales of extrusion billet and unalloyed remelt
ingot from Sebree through Dec. 31.
Market sources have
told AMM that Baar, Switzerland-based Glencore Xstrata
Plc has approached them about buying product from Sebree. A
Glencore spokesman on Sept. 23 referred comment to Century.
"No news to report at
this moment," a Century spokesman told AMM via
Century acquired the
Sebree facility from Rio Tinto Alcan in June (
amm.com, June 3).