Century Aluminum Halts Production at Sebree Smelter Potline

Century Aluminum Company’s CENXfully-owned subsidiary — Century Aluminum Sebree LLC — was forced to halt production on one of its three potlines temporarily because of an electrical failure at the Sebree aluminum smelter.  

The company is assessing the impacts of these events but expects to restore full production of the affected potline within the next three months.

Moreover, it projects that the production lost from these incidents to be less than 18,000 tons. Century Aluminum also anticipates that losses arising from the events will be covered under its insurance policies.  

The stock has rallied 28.2% in the past six months, significantly outperforming the industry’s 11.1% decline.