Search
AMM.com Copying and distributing are prohibited without permission of the publisher
Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5

  • By submitting this article to a friend we reserve the right to contact them regarding AMM subscriptions. Please ensure you have their consent before giving us their details.


Century Aluminum wants to buy Ormet material

Keywords: Tags  Ormet, excess assets, bankruptcy, Century Aluminum, ramming paste, copper rods, carbon anodes, alumina refinery


CHICAGO — Century Aluminum Co. wants to buy 26 tonnes of ramming paste from Ormet Corp. as the bankrupt aluminum producer continues a piecemeal sale of operations, raw materials and other assets.

Chicago-based Century is offering $985 per tonne—a total of $25,610—for the paste, which is packaged in 1-tonne "supersacks," according to documents filed in U.S. Bankruptcy Court in Delaware.

Hannibal, Ohio-based Ormet, which filed for Chapter 11 bankruptcy protection in February, has said it is trying to sell what it considers to be excess assets (amm.com, Oct. 16), including alumina, carbon anodes and copper rod (amm.com, Dec. 11). Ormet has already sold its alumina refinery in Burnside, La., to Almatis Inc. (amm.com, Dec. 13).


Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.



Latest Pricing Trends