Century Aluminum Company confirmed that immediately available cash balances for its Iceland operation are held with a AA rated European financial institution. Additional cash balances of $30 million, which by their terms become available this week, are held in U.S. dollars with Iceland banks and will be guaranteed by the government of Iceland according to [...]
Following the decision of the Icelandic government to start tendering exclusive licences in January 2009 for oil exploration in the Dreki area (in the Atlantic, northeast of Iceland on the Jan Mayen Ridge, between Iceland and Jan Mayen Island), an international conference has been announced in Reykjavik on 4-5 September. The Icelandic National Energy Authority [...]
Century Aluminum Company and Noranda Aluminum Holding Corporation announced today that Larry Holley has been named president and general manager of Gramercy Alumina, LLC and St. Ann Bauxite Limited, effective May 8, 2008.
“We are delighted with Larry’s appointment,” said Century’s chief operating officer Wayne R. Hale. “His technical background, mining experience and energy expertise make [...]
Alcoa Inc. announced that it has reviewed Alcan’s continuity agreement with the Government of Quebec which identifies the requirements that Alcoa must meet regarding Alcan’s future operations in the Province in order to maintain certain of Alcan’s hydroelectric and water rights. In a letter to Alcan’s Board of Directors, Alcoa outlined the many ways in [...]
Research and Markets (http://www.researchandmarkets.com/reports/c54388) has announced the addition of “Alumina Refining Industry in the U.S. and its Foreign Trade (1996-2008)” to their offering.
This industry report focuses upon the Alumina Refining industry. This U.S. industry comprises establishments primarily engaged in refining alumina (i.e., aluminium oxide) generally from bauxite.
Century Aluminum Company announced that Giulio Casello has been named to the newly created position of senior vice president of business development. In this position, he will be responsible for identifying and securing new growth opportunities in the areas of primary aluminum, bauxite and alumina.
Casello joined Century in Sept. 2005 from Alcoa, where he [...]
Alcan Inc. announced today that it will carefully analyse the close results of last Saturday’s public consultation in Hafnarfjordur and assess the impact these results may have on the future of its ISAL aluminum smelter. Citizens of Hafnarfjordur voted by a small majority (50.3%) against a local urbanisation plan that included the expansion of the [...]
In a joint initiative with the World Wildlife Fund for Nature, Eskom has committed R3m per year for three years in renewable energy research in order to promote local development and uptake of renewable energy in South Africa.
The initiative will be jointly administered by Eskom and the World Wildlife Fund for Nature SA (WWF-SA). An [...]
Century Aluminum Co. and the United Steelworkers said Tuesday they reached a tentative agreement on a restructured last, best and final offer.
Monterey-based Century had announced plans Monday to close its Ravenswood, W.Va., facility in the wake of a 72-hour strike notice from the union.
The company had said the action could put the future [...]
