Wall Street PR

Century Aluminium Co (NASDAQ:CENX) shares up by 4.47%

Boston, MA 06/18/2013 (wallstreetpr) – Century Aluminium Co (NASDAQ:CENX)’s share prices had increased by 4.47 percent to $10.05 with the open market price of $10.00. Century Aluminium Co (NASDAQ:CENX)’s share price ranges from a low of $9.91 to a high of $10.10 for the last trading day. The 52 week low price of Century Aluminium Co (NASDAQ:CENX) is $5.52 whereas the corresponding high value is $10.60. The outstanding shares of Century Aluminium Co (NASDAQ:CENX) is around 88.60 million with the market capitalization of more than over 890 million. The institutional investors contribute more than 51 percent of the investment.

Century Aluminium Co (NASDAQ:CENX)’s wholly owned subsidiary Century Aluminium of Kentucky, Kenergy Corp. and Big Rivers Electric Corp. had entered into the definite agreements based on the tentative agreement during April. The same agreement is subject to approval from various parties including the Kentucky Public Service Commission, the USDA Rural Utilities Service and other regulatory agencies. Century Aluminium Co (NASDAQ:CENX) which is the parent aluminum company owns primary aluminum capacity in United States and Iceland.

Century Aluminium Co (NASDAQ:CENX) is an Aluminium producer. Century Aluminium Co (NASDAQ:CENX)’s primary aluminum capacities are Grundartangi, Iceland (Grundartangi) with capacity of 260,000 metric tons per year; Hawesville, Kentucky (Hawesville) with capacity of 244,000 metric tons per year; Ravenswood, West Virginia (Ravenswood), with a capacity of 170,000 metric tons per year and 49.7% interest in Mt. Holly, South Carolina (Mt. Holly), with capacity of 111,000 metric tons per year. Century Aluminium Co (NASDAQ:CENX) production capacity was 785,000 metric tons per year during 2011 in which it had produced 602,000 metric tons of primary aluminum. Sebree Aluminium smelter of Rio Tinto Alcan, Inc was acquired by Century Aluminium Co (NASDAQ:CENX) during June 2013. Century Aluminium Co (NASDAQ:CENX) has got a 40% stake in Baise Haohai Carbon Co., Ltd. (BHH), a carbon anode and cathode facility which is located in China.

Published by Lisa Ray

Lisa has a Bachelor of Arts in journalism from Purdue University and 3 years of experience in the publishing field.