Business
1:57 pm
Mon April 29, 2013

Century Aluminum and Big Rivers Reach Deal on Buying Power on Open Market

Century Aluminum in Hancock County and Big Rivers Electric Corporation have reached a tentative agreement that will allow the electricity supplier to buy market-priced power for the Hawesville smelter.

The Owensboro Messenger-Inquirer reports Century Aluminum also announced today that it is purchasing the Webster County smelter Sebree Works-Rio Tinto Alcan.

The moves appear to at least stabilize the aluminum industry in the northwestern Kentucky region, which employs about 1,200 people.