Back in January of this year, we published on this blog a little piece about a story doing the rounds that Century Aluminum would acquire Sebree smelter from Rio Tinto Alcan.

See here for the post.

Today it came true.

Century has announced that it will acquire the smelter, though not any grandfather liabilities relating to environmental issues or pension funds. In another announcement, Century has indicated that a deal concerning electricity prices might finally be brought to reality.

I understand from certain sources that the ultimate plan may include closing the Hawesville smelter in favour of the more modern and more efficient Sebree plant.

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