Century Aluminum Power Contract Extension for Iceland Smelter
Iceland Smelter Foil Vedanta

Century Aluminum Power Contract Extension for Iceland Smelter

Century Aluminum Company announced that its wholly-owned subsidiary, Norðurál Grundartangi ehf has successfully reached an

Century Aluminum Company announced that its wholly-owned subsidiary, Norðurál Grundartangi ehf has successfully reached an agreement with Landsvirkjun, the National Power Company in Iceland, to extend its existing 161 MW power contract by three years through 2026. The extension will increase the contract to 182 MW over time to provide the necessary flexibility to support the most recent capacity creep requirements and future growth opportunities for value added products at the plant.

This extension will address Grundartangi’s increasing power needs due to the recent capacity creep as well as provide flexibility to pursue future growth at this world-class smelter.

Related Stories

No stories found.
SteelGuru Business News
www.steelguru.com